LTC Properties. with ticker code (LTC) have now 7 analysts covering the stock. The analyst consensus points to 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 36.71 this indicates there is a potential upside of 4.7%. The day 50 moving average is 37.72 and the 200 moving average now moves to 38.75. The company has a market capitalisation of $1,478m. Company Website: https://www.LTCreit.com
The potential market cap would be $1,547m 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.
