Raymond James analyst Jonathan Hughes maintained a Buy rating on Welltower (NYSE:WELL) on Thursday, setting a price target of $98, which is approximately 14.70% above the present share price of $85.44.
Hughes expects Welltower to post earnings per share (EPS) of $0.06 for the third quarter of 2021.
The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in Welltower, with an average price target of $91.62.
The analysts price targets range from a high of $102 to a low of $68.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.13 billion and a net profit of $212.89 million. The company's market cap is $36.1 billion.
According to TipRanks.com, Raymond James analyst Jonathan Hughes is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 10.8% and a 63.10% success rate.
Ohio-based Welltower, Inc. is a real estate investment trust that invests in senior housing, assisted living and memory care communities, post-acute care facilities, and medical office buildings. It also owns hospitals and other healthcare properties outside of the United States.