RBC Capital analyst Michael Carroll maintained a Buy rating on CareTrust REIT (CTRE – Research Report) on November 28 and set a price target of $25.00. The company’s shares closed yesterday at $22.88.
Carroll covers the Real Estate sector, focusing on stocks such as CareTrust REIT, Alexandria Equities, and Omega Healthcare. According to TipRanks, Carroll has an average return of 5.1% and a 58.01% success rate on recommended stocks.
CareTrust REIT has an analyst consensus of Strong Buy, with a price target consensus of $23.75.
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The company has a one-year high of $23.19 and a one-year low of $17.11. Currently, CareTrust REIT has an average volume of 1.35M.
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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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