Jefferies (NYSE:JEF) analyst Jonathan Petersen maintained a Sell rating on Ventas (NYSE:VTR) on Monday, setting a price target of $29, which is approximately 28.82% below the present share price of $40.74.
Petersen expects Ventas to post earnings per share (EPS) of $1.27 for the third quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Hold rating of shares in Ventas, with an average price target of $38.67.
The analysts price targets range from a high of $45 to a low of $29.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.01 billion and a net profit of $234.13 million. The company's market cap is $15.2 billion.
According to TipRanks.com, Jefferies analyst Jonathan Petersen is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.2% and a 72.59% success rate.
Ventas, Inc. engages in the acquisition and ownership of seniors housing and healthcare properties. The company invests in seniors housing and healthcare properties through acquisitions and leases its properties to unaffiliated tenants or operate them through independent third-party managers. It operates through the following segments: Triple-Net Leased Properties, Senior Living Operations, and Office Operations. The company was founded in 1983 and is headquartered in Chicago, IL.