Barclays Maintains Overweight Rating for Welltower OP: Here's What You Need To Know

Barclays has decided to maintain its Overweight rating of Welltower OP WELL and lower its price target from $92.00 to $78.00.

Shares of Welltower OP are trading down 2.59% over the last 24 hours, at $57.45 per share.

A move to $78.00 would account for a 35.76% increase from the current share price.

About Welltower OP

Welltower OP LLC owns a diversified healthcare portfolio of over 1,800 in-place properties spread across the senior housing, medical office, and skilled nursing/post-acute care sectors. The portfolio includes over 100 properties in both Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.