Analysts at BMO Capital Reiterated their Past ‘”Hold”’ rating on Shares CareTrust REIT (NASDAQ:CTRE), Set a $20.0 Price Target

February 15, 2018 - By Louis Casey

 Analysts at BMO Capital Reiterated their Past ‘

CareTrust REIT (NASDAQ:CTRE) Rating Reaffirmed

BMO Capital now has a $20.0 PT on the $1.14B market cap company or 33.78 % upside potential. In a report shared with investors on 9 November, CareTrust REIT (NASDAQ:CTRE) shares have had their “Hold” Rating reiterated by investment analysts at BMO Capital.

CareTrust REIT, Inc. (NASDAQ:CTRE) Ratings Coverage

Among 10 analysts covering Caretrust REIT (NASDAQ:CTRE), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Caretrust REIT has $21 highest and $13 lowest target. $18.33’s average target is 22.61% above currents $14.95 stock price. Caretrust REIT had 23 analyst reports since August 12, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained it with “Buy” rating and $20.0 target in Friday, October 27 report. The stock of CareTrust REIT, Inc. (NASDAQ:CTRE) earned “Market Perform” rating by Wells Fargo on Tuesday, July 26. The rating was maintained by Canaccord Genuity with “Buy” on Monday, August 15. The stock of CareTrust REIT, Inc. (NASDAQ:CTRE) has “Hold” rating given on Thursday, November 9 by BMO Capital Markets. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, August 22. Stifel Nicolaus maintained CareTrust REIT, Inc. (NASDAQ:CTRE) on Thursday, November 9 with “Hold” rating. The stock of CareTrust REIT, Inc. (NASDAQ:CTRE) earned “Outperform” rating by RBC Capital Markets on Thursday, September 24. Raymond James initiated the shares of CTRE in report on Monday, August 24 with “Outperform” rating. The stock of CareTrust REIT, Inc. (NASDAQ:CTRE) has “Hold” rating given on Wednesday, August 12 by Zacks. BMO Capital Markets maintained CareTrust REIT, Inc. (NASDAQ:CTRE) on Tuesday, January 9 with “Hold” rating.

The stock increased 1.29% or $0.19 during the last trading session, reaching $14.95. About 185,381 shares traded. CareTrust REIT, Inc. (NASDAQ:CTRE) has risen 46.70% since February 15, 2017 and is uptrending. It has outperformed by 30.00% the S&P500.

CareTrust REIT, Inc. is a real estate investment trust. The company has market cap of $1.14 billion. The firm invests in real estate markets of the United States. It has a 32.57 P/E ratio. It is engaged in the ownership, acquisition, development and leasing of seniors housing and healthcare-related properties.

More notable recent CareTrust REIT, Inc. (NASDAQ:CTRE) news were published by: Globenewswire.com which released: “CareTrust REIT, Inc. Announces Tax Treatment of 2017 Dividends” on January 23, 2018, also Globenewswire.com with their article: “CareTrust REIT, Inc. Prices $300.0 Million of Senior Notes due 2025” published on May 10, 2017, Globenewswire.com published: “CareTrust REIT Announces Quarterly Dividend of $0.185 per Share” on October 31, 2017. More interesting news about CareTrust REIT, Inc. (NASDAQ:CTRE) were released by: Globenewswire.com and their article: “CareTrust REIT Expands Senior Housing Portfolio in Minnesota” published on August 01, 2017 as well as Seekingalpha.com‘s news article titled: “3 Reasons Why This Little-Known REIT Should Be On Your Radar” with publication date: September 13, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.