LTC Properties found using ticker (LTC) have now 9 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 47 and 35 calculating the mean target price we have 40. With the stocks previous close at 44.3 this would indicate that there is a downside of -9.7%. There is a 50 day moving average of 39.97 and the 200 moving average now moves to 36.34. The company has a market capitalisation of $1,813m. Company Website: https://www.LTCreit.com
The potential market cap would be $1,637m 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.