LTC Properties with ticker code (LTC) have now 6 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 39 and 34 calculating the mean target price we have 35.33. Now with the previous closing price of 38.66 this would imply there is a potential downside of -8.6%. The 50 day MA is 35.17 and the 200 day moving average is 35.02. The company has a market cap of $1,512m. Company Website: https://www.LTCreit.com
The potential market cap would be $1,382m 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.
