LTC Properties with ticker code (LTC) now have 9 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 41 and 30 and has a mean target at 37. Now with the previous closing price of 38.76 this now indicates there is a potential downside of -4.5%. There is a 50 day moving average of 36.79 and the 200 moving average now moves to 34.99. The market capitalisation for the company is $1,527m. Visit the company website at: https://www.LTCreit.com
The potential market cap would be $1,457m 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.
