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Welltower (WELL) Receives a Buy from RBC Capital

Tipranks - Wed Feb 25, 5:40AM CST

In a report released yesterday, Michael Carroll from RBC Capital maintained a Buy rating on Welltower, with a price target of $230.00. The company’s shares closed yesterday at $209.54.

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According to TipRanks, Carroll is a 5-star analyst with an average return of 7.8% and a 61.92% success rate. Carroll covers the Real Estate sector, focusing on stocks such as Alexandria Equities, Welltower, and Stag Industrial.

Welltower has an analyst consensus of Strong Buy, with a price target consensus of $225.92, which is a 7.82% upside from current levels. In a report released today, KeyBanc also reiterated a Buy rating on the stock with a $240.00 price target.

Based on Welltower’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.13 billion and a net profit of $96.44 million. In comparison, last year the company earned a revenue of $2.22 billion and had a net profit of $119.97 million

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