BMO Capital analyst John Kim maintained a Buy rating on Welltower (WELL) on August 1 and set a price target of $86. The company’s shares closed on Friday at $84.76, close to its 52-week high of $86.91.
According to TipRanks.com, Kim is a 4-star analyst with an average return of 4.5% and a 57.1% success rate. Kim covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Investors Real Estate ate, and Physicians Realty Trust.
Currently, the analyst consensus on Welltower is a Moderate Buy with an average price target of $85.60, a 1.0% upside from current levels. In a report issued on August 1, Stifel Nicolaus also maintained a Buy rating on the stock with a $87 price target.
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Welltower’s market cap is currently $34.35B and has a P/E ratio of 94.84. The company has a Price to Book ratio of 2.29.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock.
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Welltower, Inc. 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.
