In a report released on November 3, James Feldman from Wells Fargo maintained a Hold rating on LTC Properties (LTC – Research Report), with a price target of $34.00. The company’s shares closed last Friday at $32.26.
Feldman covers the Real Estate sector, focusing on stocks such as Equity Lifestyle, AvalonBay, and UDR. According to TipRanks, Feldman has an average return of -0.6% and a 55.10% success rate on recommended stocks.
In addition to Wells Fargo, LTC Properties also received a Hold from JMP Securities’s Aaron Hecht in a report issued on October 31. However, on October 25, Berenberg Bank initiated coverage with a Buy rating on LTC Properties (NYSE: LTC).
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The company has a one-year high of $37.92 and a one-year low of $29.99. Currently, LTC Properties has an average volume of 226.2K.
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LTC Properties (LTC) Company Description:
LTC Properties, Inc. is a real estate investment trust, which engages in managing seniors housing and health care properties. Its property portfolio includes skilled nursing facilities, assisted living facilities, independent living facilities, and memory care facilities. The company was founded by Andre C. Dimitriadis on May 12, 1992 and is headquartered in Westlake Village, CA.
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