LTC Properties with ticker code (LTC) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 40 and 33 and has a mean target at 36.86. Now with the previous closing price of 35.97 this now indicates there is a potential upside of 2.5%. There is a 50 day moving average of 35.78 and the 200 day moving average is 34.91. The company has a market capitalisation of $1,444m. Find out more information at: https://www.LTCreit.com
The potential market cap would be $1,480m 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.
