Ventas Given Average Rating of “Hold” by Analysts (NYSE:VTR)
Ventas (NYSE:VTR) has received an average recommendation of “Hold” from the seven ratings firms that are covering the stock, Analyst Ratings Net reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $65.25.
A number of research firms have recently commented on VTR. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Ventas in a research note on Monday, August 18th. They now have a $61.00 price target on the stock, up previously from $60.00. Separately, analysts at Mizuho initiated coverage on shares of Ventas in a research note on Wednesday, July 23rd. They set a “buy” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Ventas from $67.00 to $71.00 in a research note on Tuesday, July 22nd.
Shares of Ventas (NYSE:VTR) opened at 65.83 on Friday. Ventas has a 1-year low of $54.89 and a 1-year high of $69.09. The stock’s 50-day moving average is $64.46 and its 200-day moving average is $63.90. The company has a market cap of $19.376 billion and a price-to-earnings ratio of 39.87.
Ventas (NYSE:VTR) last issued its quarterly earnings data on Monday, August 11th. The company reported $1.09 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.09. The company had revenue of $751.25 million for the quarter, compared to the consensus estimate of $741.08 million. During the same quarter in the previous year, the company posted $1.01 earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. Analysts expect that Ventas will post $4.41 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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