LTC Properties, Inc. with ticker code (LTC) now have 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 40 and 35 calculating the average target price we see 37.83. With the stocks previous close at 37.23 this would indicate that there is a potential upside of 1.6%. The 50 day MA is 37.2 and the 200 moving average now moves to 38.89. The market capitalisation for the company is $1,493m. Visit the company website at: https://www.LTCreit.com
The potential market cap would be $1,517m 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.
