BMO Capital Keeps a Buy Rating on CareTrust REIT (CTRE)

In a report released today, John Kim from BMO Capital reiterated a Buy rating on CareTrust REIT (CTRE), with a price target of $26. The company’s shares closed yesterday at $22.88.

According to TipRanks.com, Kim is a 4-star analyst with an average return of 4.3% and a 56.3% success rate. Kim covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Franklin Street Properties, and Investors Real Estate ate.

CareTrust REIT has an analyst consensus of Moderate Buy, with a price target consensus of $25.50.

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The company has a one-year high of $25.54 and a one-year low of $16.69. Currently, CareTrust REIT has an average volume of 833K.

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CareTrust REIT, Inc. operates as 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.