Should Investors Be Buying Welltower (WELL) Shares? BMO Capital Has Just Upgraded The Stock

May 18, 2018 - By Peter Erickson

Welltower (WELL) Stock Upgrade

BMO Capital has upgraded shares of Welltower (WELL) to a Hold and at this point in time has a $55.0000 target price on the stock. This was revealed to investors in a recent note earlier today. BMO Capital’s target price suggests a possible upside of 0.81 %.

Welltower Inc. (NYSE:WELL) Ratings Coverage

Among 6 analysts covering Welltower (WELL), 1 have Buy rating, 1 Sell and 4 Hold. Therefore 17% are positive. Welltower has $67 highest and $5400 lowest target. $58.60’s average target is 7.40% above currents $54.56 stock price. Welltower had 6 analyst reports since March 8, 2018 according to SRatingsIntel. The rating was maintained by Bank of America on Thursday, March 8 with “Neutral”. The firm has “Neutral” rating given on Friday, April 27 by Hilliard Lyons. The company was maintained on Friday, March 16 by JP Morgan. Jefferies maintained the shares of WELL in report on Friday, April 13 with “Hold” rating. On Monday, March 26 the stock rating was maintained by BMO Capital Markets with “Sell”.

The stock increased 1.17% or $0.63 during the last trading session, reaching $54.56. About 121,861 shares traded. Welltower Inc. (WELL) has declined 24.03% since May 18, 2017 and is downtrending. It has underperformed by 35.58% the S&P500.

Analysts await Welltower Inc. (NYSE:WELL) to report earnings on July, 27. They expect $1.00 EPS, down 5.66 % or $0.06 from last year’s $1.06 per share. WELL’s profit will be $371.98 million for 13.64 P/E if the $1.00 EPS becomes a reality. After $0.99 actual EPS reported by Welltower Inc. for the previous quarter, Wall Street now forecasts 1.01 % EPS growth.

Welltower Inc. , an S&P 500 firm headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The company has market cap of $20.30 billion. The firm invests with leading 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. It has a 34.44 P/E ratio. Welltower?, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties.

More news for Welltower Inc. (NYSE:WELL) were recently published by: Investorplace.com, which released: “7 Great Ways to Move Into Real Estate Investing” on May 18, 2018. Benzinga.com‘s article titled: “Benzinga’s Top Upgrades, Downgrades For May 18, 2018” and published on May 18, 2018 is yet another important article.

Welltower Inc. (NYSE:WELL) Ratings Chart

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