Ventas (VTR) : 3 brokerage houses believe that Ventas (VTR) is a Strong Buy at current levels. 9 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Ventas (VTR). Zacks Investment Research suggests a Hold with a rank of 3. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 14 Wall Street Analysts endorse the stock as a Hold with a rating of 2.86.
Ventas (VTR) stock is expected to deviate a maximum of $9.14 from the average target price of $69.89 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $82 and the most muted being $58.
Also, BTIG Research initiates coverage on Ventas (NYSE:VTR) . Analysts at the BTIG Research have a current rating of Neutral on the shares. The rating by the firm was issued on August 25, 2016.
Ventas (NYSE:VTR): After opening at $67.45, the stock dipped to an intraday low of $67.1435 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $68.17 and the buying power remained strong till the end. The stock closed at $67.96 for the day, a gain of 0.50% for the day session. The total traded volume was 2,762,936. The stocks close on the previous trading day was $67.62.
Ventas, Inc. is a real estate investment trust (REIT). The Company has a portfolio of seniors housing and healthcare properties located throughout the United States, Canada and the United Kingdom. The Company operates through three segments: triple-net leased properties, senior living operations and MOB operations. The triple-net leased properties segment invests in seniors housing and healthcare properties throughout the United States and the United Kingdom and lease those properties to healthcare operating companies under triple-net or absolute-net leases that obligate the tenants to pay all property-related expenses. The senior living operations segment invests in seniors housing communities throughout the United States and Canada and engages independent operators, such as Atria and Sunrise, to manage those communities. The MOB operations segment, acquires, owns, develops, leases, and manages MOBs throughout the United States. It invests in seniors housing and healthcare properties.