LTC Properties found using ticker (LTC) have now 7 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 41 and 30 with the average target price sitting at 35.43. With the stocks previous close at 36.21 this would indicate that there is a downside of -2.2%. The day 50 moving average is 37.34 and the 200 moving average now moves to 39.59. The market cap for the company is $1,467m. Visit the company website at: http://www.LTCreit.com
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 180 investments in 27 states with 29 operating partners. The portfolio is comprised of investments of approximately 50% seniors housing and 50% skilled nursing properties.