Berenberg Bank analyst Connor Siversky maintained a Hold rating on LTC Properties (NYSE:) on Wednesday, setting a price target of $35, which is approximately 3.46% above the present share price of $33.83.
Siversky expects LTC Properties to post earnings per share (EPS) of $0.28 for the fourth quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Sell rating of shares in LTC Properties, with an average price target of $35.67.
The analysts price targets range from a high of $37 to a low of $35.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $37.47 million and a net profit of $18.69 million. The company’s market cap is $1.33 billion.
According to TipRanks.com, Berenberg Bank analyst Connor Siversky is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 10.1% and a 62.96% success rate.
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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