LTC Properties with ticker code (LTC) have now 9 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 42 and 30 with a mean TP of 37.22. Now with the previous closing price of 39.29 this indicates there is a potential downside of -5.3%. The 50 day moving average now sits at 37.48 while the 200 day moving average is 35.27. The company has a market cap of $1,388m. You can visit the company’s website by visiting: https://www.LTCreit.com
The potential market cap would be $1,314m 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.
