LTC Properties with ticker code (LTC) have now 9 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 41 and 30 with the average target price sitting at 36.67. Now with the previous closing price of 35.7 this would indicate that there is a potential upside of 2.7%. The day 50 moving average is 36.6 and the 200 day moving average is 34.84. The market cap for the company is $1,469m. You can visit the company’s website by visiting: https://www.LTCreit.com
The potential market cap would be $1,509m 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.
