How Good Does Welltower (WELL) Look Now? BMO Capital Has Just Upgraded The Stock

May 18, 2018 - By Karen Cook

Welltower (WELL) Stock Upgrade

In an analyst note issued to investors and clients on Friday morning, BMO Capital decided to upgrade shares of Welltower (WELL) to a “Hold” rating. The firm currently has a respectable $55.0000 price target on WELL shares.

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. On Monday, March 26 the stock rating was maintained by BMO Capital Markets with “Sell”. The firm has “Hold” rating given on Friday, April 13 by Jefferies. Bank of America maintained Welltower Inc. (NYSE:WELL) on Thursday, March 8 with “Neutral” rating. Hilliard Lyons upgraded the shares of WELL in report on Friday, April 27 to “Neutral” rating. The rating was maintained by JP Morgan on Friday, March 16 with “Neutral”.

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 $371.98M 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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