LTC Properties with ticker code (LTC) now have 8 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 40 and 33 and has a mean target at 36.13. With the stocks previous close at 35.36 this is indicating there is a potential upside of 2.2%. The 50 day moving average now sits at 34.68 and the 200 moving average now moves to 35.23. The market cap for the company is $1,399m. You can visit the company’s website by visiting: https://www.LTCreit.com
The potential market cap would be $1,429m based on the market concensus.
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC holds 181 investments in 27 states with 29 operating partners. The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.
