NEW YORK: Ventas (NYSE:VTR) stock had its “hold” rating reiterated by equities researchers at Deutsche Bank in a research report. They currently have a $67.00 price objective on the stock, up from their previous price objective of $61.00. Deutsche Bank’s price target would indicate a potential downside of 9.05% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Stifel Nicolaus upgraded shares of Ventas from a “hold” rating to a “buy” rating in a research note. They now have a $70.00 price target on the stock. Separately, analysts at Evercore ISI initiated coverage on shares of Ventas in a research note. They set a “buy” rating and a $70.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Ventas in a research note.
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, Canada and the UK.
This trend is covered in detail in the Seniors Housing Trends Monthly News