LTC Properties with ticker code (LTC) have now 9 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 48 and 35 with a mean TP of 42.22. With the stocks previous close at 43.7 this is indicating there is a potential downside of -3.4%. There is a 50 day moving average of 41.69 and the 200 day moving average is 37.04. The company has a market cap of $1,797m. You can visit the company’s website by visiting: https://www.LTCreit.com
The potential market cap would be $1,736m 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.
