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Equities research analysts at Mizuho initiated coverage on shares of Ventas (NYSE:VTR) in a research note issued to investors on Wednesday. The firm set a “buy” rating on the stock.

Ventas (NYSE:VTR) opened at 64.31 on Wednesday. Ventas has a 52-week low of $54.89 and a 52-week high of $71.81. The stock’s 50-day moving average is $64.18 and its 200-day moving average is $63.19. The company has a market cap of $18.929 billion and a P/E ratio of 40.98.

Ventas (NYSE:VTR) last issued its quarterly earnings data on Friday, April 25th. The company reported $1.09 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.07 by $0.02. The company had revenue of $741.50 million for the quarter, compared to the consensus estimate of $725.56 million. During the same quarter last year, the company posted $1.03 earnings per share. Ventas’s revenue was up 8.6% compared to the same quarter last year. Analysts expect that Ventas will post $4.40 EPS for the current fiscal year.

VTR has been the subject of a number of other recent research reports. Analysts at Jefferies Group raised their price target on shares of Ventas from $67.00 to $71.00 in a research note on Tuesday. Finally, analysts at Barclays raised their price target on shares of Ventas from $62.00 to $65.00 in a research note on Monday, April 28th. They now have an “equal weight” rating on the stock. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $64.40.

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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