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 and has a mean target at 35.88. With the stocks previous close at 37.79 this now indicates there is a potential downside of -5.1%. There is a 50 day moving average of 36.61 and the 200 moving average now moves to 34.88. The company has a market cap of $1,504m. You can visit the company’s website by visiting: https://www.LTCreit.com
The potential market cap would be $1,428m 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.
