Analysts at Morgan Stanley Didn’t Change their Past ‘”Overweight”’ rating on Shares Welltower (WELL), Set a $63 Price Target

June 14, 2018 - By Maria Brooks

Welltower (WELL) Rating Reaffirmed

EU: In a note issued to clients and investors on Thursday, 14 June, Morgan Stanley reconfirmed their “Overweight” rating on Welltower (WELL) shares. They now have a $63 target price per share on the firm. Morgan Stanley’s target means a potential upside of 9.41 % from the company’s current stock price.

Welltower Inc. (NYSE:WELL) Ratings Coverage

Among 7 analysts covering Welltower (WELL), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Welltower has $67 highest and $5400 lowest target. $58.80’s average target is 2.12% above currents $57.5801 stock price. Welltower had 8 analyst reports since March 8, 2018 according to SRatingsIntel. The firm earned “Neutral” rating on Thursday, March 8 by Bank of America. BMO Capital Markets upgraded Welltower Inc. (NYSE:WELL) on Friday, May 18 to “Hold” rating. Jefferies maintained it with “Hold” rating and $5600 target in Friday, April 13 report. The firm has “Sell” rating by BMO Capital Markets given on Monday, March 26. JP Morgan maintained Welltower Inc. (NYSE:WELL) on Friday, March 16 with “Neutral” rating. The rating was upgraded by Hilliard Lyons on Friday, April 27 to “Neutral”. The stock of Welltower Inc. (NYSE:WELL) earned “Outperform” rating by Raymond James on Monday, May 21.

The stock increased 1.32% or $0.7501 during the last trading session, reaching $57.5801. About 671,712 shares traded. Welltower Inc. (WELL) has declined 22.27% since June 14, 2017 and is downtrending. It has underperformed by 34.84% the S&P500.

Analysts await Welltower Inc. (NYSE:WELL) to report earnings on July, 27. They expect $0.99 earnings per share, down 6.60 % or $0.07 from last year’s $1.06 per share. WELL’s profit will be $368.27M for 14.54 P/E if the $0.99 EPS becomes a reality. After $0.99 actual earnings per share reported by Welltower Inc. for the previous quarter, Wall Street now forecasts 0.00 % 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 $21.42 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 36.35 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 recent Welltower Inc. (NYSE:WELL) news were published by: Globenewswire.com which released: “Analysis: Positioning to Benefit within Ruth’s Hospitality Group, S&P Global, Shaw Communications, Leap Therapeutics …” on June 13, 2018. Also Seekingalpha.com published the news titled: “Welltower: Strong Buy” on May 25, 2018. Benzinga.com‘s news article titled: “Raymond James Picks Welltower, Sabra Health In Underweighted Health Care REIT Sector” with publication date: May 21, 2018 was also an interesting one.

Welltower Inc. (NYSE:WELL) Ratings Chart

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