Wells Fargo analyst Connor Siversky assigned a Hold rating to CareTrust REIT (CTRE – Research Report) today and set a price target of $24.00. The company’s shares closed yesterday at $21.52.
According to TipRanks, Siversky is an analyst with an average return of -0.9% and a 47.52% success rate. Siversky covers the Real Estate sector, focusing on stocks such as Omega Healthcare, Agree Realty, and Welltower.
Currently, the analyst consensus on CareTrust REIT is a Moderate Buy with an average price target of $24.00.
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CTRE market cap is currently $2.56B and has a P/E ratio of 51.69.
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CareTrust REIT (CTRE) Company Description:
CareTrust REIT, Inc. operates as real estate investment company, which engages in the ownership, acquisition, and leasing of healthcare-related properties. It offers independent living, memory care, and assisted, and skilled nursing facilities. The company was founded on October 29, 2013 and is headquartered in San Clemente, CA.
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