LTC Properties with ticker code (LTC) now have 6 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 40 and 35 with the average target price sitting at 37.67. With the stocks previous close at 35.82 this would imply there is a potential upside of 5.2%. The day 50 moving average is 36.94 and the 200 moving average now moves to 38.99. The company has a market cap of $1,450m. You can visit the company’s website by visiting: https://www.LTCreit.com
The potential market cap would be $1,525m 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.
