Welltower (NYSE: WELL) received a Buy rating from Raymond James analyst Jonathan Hughes today. The company’s shares closed on Friday at $54.27, close to its 52-week low of $49.58.
According to TipRanks.com, Hughes is a 2-star analyst with an average return of 0.3% and a 47.8% success rate. Hughes covers the Financial sector, focusing on stocks such as Senior Housing Properties Trust, MedEquities Realty Trust, and Physicians Realty Trust.
Welltower has an analyst consensus of Moderate Buy, with a price target consensus of $58.33.
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The company has a one-year high of $78.17 and a one-year low of $49.58. Currently, Welltower has an average volume of 2.69M.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WELL in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Welltower, Inc. operates as a real estate investment trust. It engages in investing with seniors housing operators, post acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people’s wellness and overall health care experience.
