Jefferies Group Reiterates Buy on Ventas (VTR)
Shares of Ventas traded up 1.38% during mid-day trading on Monday, hitting $59.60. Ventas has a 52 week low of $43.25 and a 52 week high of $59.38. The company has a market cap of $17.225 billion and a P/E ratio of 38.05.
The company last announced its quarterly results on Friday, April 27th. It reported $0.91 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.89 EPS by $0.02. On average, analysts predict that Ventas will post $0.94 earnings per share next quarter.
VTR has been the subject of a number of other recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Ventas in a research note to investors on Monday. They now have a $62.00 price target on the stock. Finally, analysts at UBS AG (NYSE: UBS) downgraded shares of Ventas from a “buy” rating to a “neutral” rating in a research note to investors on Monday, February 27th. They now have a $57.00 price target on the stock, up previously from $33.00.
Ventas, Inc. is a real estate investment trust (REIT) with a portfolio of seniors housing and healthcare properties in the United States and Canada.