LTC Properties with ticker code (LTC) have now 6 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 39 and 34 calculating the mean target price we have 35.33. With the stocks previous close at 33.96 this now indicates there is a potential upside of 4.0%. There is a 50 day moving average of 34.46 and the 200 moving average now moves to 35.63. The company has a market capitalisation of $1,358m. Visit the company website at: https://www.LTCreit.com
The potential market cap would be $1,412m 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.
