LTC Properties. with ticker code (LTC) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 42 and 35 with a mean TP of 38.43. With the stocks previous close at 37.67 this would imply there is a potential upside of 2.0%. There is a 50 day moving average of 37.86 while the 200 day moving average is 38.77. The market cap for the company is $1,521m. You can visit the company’s website by visiting: https://www.LTCreit.com
The potential market cap would be $1,552m 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.
