Jefferies Resumes Coverage on Ventas (VTR) at Buy
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Price: $43.40 -0.48%
Rating Summary:
17 Buy, 16 Hold, 2 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
Rating Summary:
17 Buy, 16 Hold, 2 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
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Jefferies resumes coverage on Ventas (NYSE: VTR) with a Buy rating and $56 price target.
"Following VTR's completion of its acquisition of NHP, we are essentially re-launching coverage of Ventas with a Buy rating and $56 PT. Our model suggests upside to 2011 and 2012 consensus estimates as consensus appears to underestimate the earnings power from VTR's new real estate platform."
For more ratings news on Ventas click here and for the rating history of Ventas click here.
Shares of Ventas closed at $49.41 yesterday.
"Following VTR's completion of its acquisition of NHP, we are essentially re-launching coverage of Ventas with a Buy rating and $56 PT. Our model suggests upside to 2011 and 2012 consensus estimates as consensus appears to underestimate the earnings power from VTR's new real estate platform."
For more ratings news on Ventas click here and for the rating history of Ventas click here.
Shares of Ventas closed at $49.41 yesterday.
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