LTC Properties with ticker code (LTC) have now 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 47 and 35 with a mean TP of 41.44. With the stocks previous close at 44.14 this would imply there is a potential downside of -6.1%. The 50 day moving average now sits at 40.58 while the 200 day moving average is 36.63. The market capitalisation for the company is $1,797m. Visit the company website at: https://www.LTCreit.com
The potential market cap would be $1,687m 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.
