LTC Properties found using ticker (LTC) have now 8 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 40 and 30 with the average target price sitting at 35.88. Now with the previous closing price of 34.46 this now indicates there is a potential upside of 4.1%. There is a 50 day moving average of 36.04 and the 200 moving average now moves to 34.57. The market capitalisation for the company is $1,363m. You can visit the company’s website by visiting: https://www.LTCreit.com
The potential market cap would be $1,420m 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.
