LTC Properties found using ticker (LTC) now have 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. Now with the previous closing price of 44.38 this would imply there is a potential downside of -4.9%. The 50 day MA is 42.26 while the 200 day moving average is 37.31. The market capitalisation for the company is $1,746m. Company Website: https://www.LTCreit.com
The potential market cap would be $1,661m 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.
