LTC Properties with ticker code (LTC) now have 8 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 40 and 34 calculating the mean target price we have 35.88. Now with the previous closing price of 33.46 this is indicating there is a potential upside of 7.2%. The 50 day moving average now sits at 34.28 and the 200 day moving average is 35.85. The market cap for the company is $1,336m. Company Website: https://www.LTCreit.com
The potential market cap would be $1,433m 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.
