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Jefferies Resumes Coverage on Ventas (VTR) at Buy

August 18, 2011 11:00 AM EDT
Get Alerts VTR Hot Sheet
Price: $53.84 +0.35%

Rating Summary:
    4 Buy, 3 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Jefferies resumes coverage on Ventas (NYSE: VTR) with a Buy rating and $56 price target.

"Following VTR's completion of its acquisition of NHP, we are essentially re-launching coverage of Ventas with a Buy rating and $56 PT. Our model suggests upside to 2011 and 2012 consensus estimates as consensus appears to underestimate the earnings power from VTR's new real estate platform."

For more ratings news on Ventas click here and for the rating history of Ventas click here.

Shares of Ventas closed at $49.41 yesterday.


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Jefferies & Co, Life, Style and Real Estate, Earnings