Published On: Wed, Oct 19th, 2016

LTC Properties, Inc. (NYSE:LTC) Analyst Review


A number of investment brokers have recently updated their price targets on shares of LTC Properties, Inc. (NYSE:LTC).

Most recent broker ratings

08/15/2016 – LTC Properties, Inc. had its “buy” rating reiterated by analysts at Canaccord Genuity. They now have a USD 58 price target on the stock.

07/18/2016 – LTC Properties, Inc. was downgraded to “neutral” by analysts at Mizuho. They now have a USD 53 price target on the stock.

06/29/2016 – LTC Properties, Inc. was downgraded to “underperform” by analysts at Hilliard Lyons.

06/23/2016 – Cantor Fitzgerald began new coverage on LTC Properties, Inc. giving the company a “buy” rating. They now have a USD 62 price target on the stock.

06/17/2016 – LTC Properties, Inc. was downgraded to “sector perform” by analysts at RBC Capital. They now have a USD 50 price target on the stock.

02/23/2016 – LTC Properties, Inc. had its “market perform” rating reiterated by analysts at BMO Capital Markets. They now have a USD 46 price target on the stock.

05/01/2015 – LTC Properties, Inc. was upgraded to “hold” by analysts at Zacks.

04/20/2015 – LTC Properties, Inc. had its “buy” rating reiterated by analysts at MLV & Co. They now have a USD 47 price target on the stock.

01/15/2014 – LTC Properties, Inc. was upgraded to “buy” by analysts at Sidoti.

The share price of LTC Properties, Inc. (NYSE:LTC) was up +0.89% during the last day of trading, with a day high of 51.25. 115924 shares were traded during the last session.

The stock’s 50 day moving average is 51.23 and its 200 day moving average is 49.96. The stock’s market capitalization is 1.98B. LTC Properties, Inc. has a 52-week low of 40.02 and a 52-week high of 54.20.

LTC Properties Inc. is a healthcare real estate investment trust. The Company invests in senior housing and long-term care properties through acquisitions, development, mortgage loans and other investments. Its primary senior housing and long term healthcare property types include skilled nursing properties (SNF), assisted living properties (ALF), independent living properties (ILF), memory care properties (MC) and combinations thereof. SNFs provide restorative, rehabilitative and nursing care for people at acute care hospitals. ALFs serve elderly persons requiring assistance with activities of daily living. ILFs, also known as retirement communities, offer various levels of service, such as laundry, housekeeping, dining options/meal plans, exercise and wellness programs, transportation, social, cultural and recreational activities, on site security and emergency response programs. MCs offer specialized options for seniors with Alzheimer’s disease and other forms of dementia.