LTC Properties with ticker code (LTC) have now 8 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 40 and 30 with the average target price sitting at 36.13. Now with the previous closing price of 37.98 this now indicates there is a potential downside of -4.9%. The 50 day MA is 36.41 and the 200 day moving average is 34.59. The market capitalisation for the company is $1,519m. Visit the company website at: https://www.LTCreit.com
The potential market cap would be $1,445m 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.
