LTC Properties found using ticker (LTC) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 42 and 30 calculating the mean target price we have 37.22. Given that the stocks previous close was at 39.55 this would imply there is a potential downside of -5.9%. There is a 50 day moving average of 38 and the 200 day MA is 35.46. The company has a market cap of $1,391m. Find out more information at: https://www.LTCreit.com
The potential market cap would be $1,309m 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.