Short Term Rating on Health Care REIT (HCN)

Health Care REIT (HCN) : 4 brokerage houses believe that Health Care REIT (HCN) is a Strong Buy at current levels. 12 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Health Care REIT (HCN). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 17 Wall Street Analysts endorse the stock as a Hold with a rating of 2.65.

Health Care REIT (HCN) : 11 investment research analysts covering Health Care REIT (HCN) have an average price target of $70 for the near short term. The highest target price given by the Brokerage Firm to the stock is $83 and the lowest target is $60 for the short term. Analysts expect the variance to be within $7.89 of the average price.

Company shares have received an average consensus rating of Hold for the current week


Health Care REIT (NYSE:HCN): The stock opened at $76.14 on Tuesday but the bulls could not build on the opening and the stock topped out at $76.58 for the day. The stock traded down to $75.52 during the day, due to lack of any buying support eventually closed down at $76.02 with a loss of -0.24% for the day. The stock had closed at $76.20 on the previous day. The total traded volume was 1,786,791 shares.

Welltower Inc., formerly Health Care REIT, Inc., is a real estate investment trust (REIT). The Companys portfolio has range of seniors housing and healthcare real estate, including seniors housing communities, nursing/post-acute facilities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The Company operates in three segments: seniors housing triple-net, seniors housing operating and medical facilities. Its properties consist of land, building, improvements and related rights. The Companys hospitals and seniors housing triple-net properties are leased to operators under long-term operating leases. Its medical office building portfolio is primarily self-managed and consists principally of multi-tenant properties leased to health care providers.

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