Care Capital Properties Inc (CCP) was Upgraded by Mizuho to ” Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 32 from a previous price target of $27 . Earlier the firm had a rating of “Neutral ” on the company shares. Mizuho advised their investors in a research report released on Jul 18, 2016.
Many Wall Street Analysts have commented on Care Capital Properties Inc. Care Capital Properties Inc was Upgraded by Hilliard Lyons to ” Buy” on May 9, 2016.
In a different news, on May 23, 2016, Douglas Ii Crocker (director) purchased 10,000 shares at $24.65 per share price. According to the SEC, on Mar 30, 2016, Raymond J Lewis (CEO) purchased 20,000 shares at $25.69 per share price. On Mar 17, 2016, John L Workman (director) purchased 2,750 shares at $26.95 per share price, according to the Form-4 filing with the securities and exchange commission.
Care Capital Properties Inc. (CCP) is a real estate investment trust (REIT). The Company is engaged in the ownership acquisition and leasing of skilled nursing facilities (SNFs) and other healthcare assets operated by private regional and local care providers. Its portfolio includes approximately 355 properties. It operates in the triple-net leased properties segment. It invests in SNFs and other healthcare properties throughout the United States and leases those properties to healthcare operating companies under triple-net or absolute-net leases. Its specialty hospitals and healthcare assets include hospitals focused on providing children’s care inpatient rehabilitation facilities long-term acute care hospitals and personal care facilities. Its senior housing communities include independent and assisted living communities continuing care retirement communities and communities providing care for individuals with Alzheimers disease and other forms of dementia or memory loss.