Ventas Stock Rating Lowered by BMO Capital Markets (VTR)
Ventas (NYSE:VTR) was downgraded by investment analysts at BMO Capital Markets from a “market perform” rating to an “underperform” rating in a note issued to investors on Thursday, TheFlyOnTheWall.com reports.
Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Ventas in a research note to investors on Thursday, November 21st. They now have a $62.00 price target on the stock. Separately, analysts at RBC Capital cut their price target on shares of Ventas from $85.00 to $80.00 in a research note to investors on Monday, October 28th. They now have an “outperform” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Ventas from $63.00 to $67.00 in a research note to investors on Monday, October 28th. They now have a “hold” rating on the stock. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $71.67.
Shares of Ventas (NYSE:VTR) opened at 57.28 on Thursday. Ventas has a 1-year low of $54.89 and a 1-year high of $84.11. The stock’s 50-day moving average is $57.80 and its 200-day moving average is $63.28. The company has a market cap of $16.845 billion and a price-to-earnings ratio of 39.49.
Ventas (NYSE:VTR) last released its earnings data on Friday, October 25th. The company reported $1.04 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.02 by $0.02. The company had revenue of $712.39 million for the quarter, compared to the consensus estimate of $680.72 million. During the same quarter last year, the company posted $0.96 earnings per share. Ventas’s revenue was up 11.5% compared to the same quarter last year. Analysts expect that Ventas will post $4.13 EPS for the current fiscal year.
Ventas, Inc is a real estate investment trust (NYSE:VTR) with a geographically diverse portfolio of seniors housing and healthcare properties throughout the United States and Canada.
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