RBC Capital analyst Michael Carroll reiterated a Hold rating on CareTrust REIT (NASDAQ: CTRE) yesterday and set a price target of $18. The company’s shares closed yesterday at $17.66.
According to TipRanks.com, Carroll is a 3-star analyst with an average return of 6.8% and a 74.5% success rate. Carroll covers the Financial sector, focusing on stocks such as Industrial Logistics Properties Trust, Government Properties Income Trust, and MedEquities Realty Trust.
CareTrust REIT has an analyst consensus of Moderate Buy, with a price target consensus of $18.17, a 2.9% upside from current levels. In a report issued on August 1, BMO Capital also maintained a Hold rating on the stock with a $15 price target.
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The company has a one-year high of $19.82 and a one-year low of $12.73. Currently, CareTrust REIT has an average volume of 674.6K.
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CareTrust REIT, Inc. is a real estate investment company, which engages in the ownership, acquisition, and leasing of healthcare-related properties. It offers independent living, memory care, and assisted, and skilled nursing facilities. The company was founded on October 29, 2013 and is headquartered in San Clemente, CA.
