Wells Fargo May Have Just Upped Their Stakes in Welltower (WELL)

Welltower (WELL) Stock Upgrade

In a note revealed on 11 December, Wells Fargo boosted shares of Welltower (WELL) to a solid Outperform rating from their previous Market Perform rating.

Welltower Inc. (NYSE:WELL) Ratings Coverage

Among 3 analysts covering Welltower (WELL), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Welltower has $74 highest and $63 lowest target. $68.33’s average target is -6.46% below currents $73.05 stock price. Welltower had 4 analyst reports since June 14, 2018 according to SRatingsIntel. The stock of Welltower Inc. (NYSE:WELL) has “Overweight” rating given on Thursday, June 14 by Morgan Stanley. As per Thursday, August 16, the company rating was maintained by Morgan Stanley. The stock of Welltower Inc. (NYSE:WELL) earned “Hold” rating by Jefferies on Friday, June 29.

The stock increased 0.05% or $0.04 during the last trading session, reaching $73.05. About 4.90M shares traded or 133.96% up from the average. Welltower Inc. (WELL) has risen 10.30% since December 12, 2017 and is uptrending. It has outperformed by 10.30% the S&P500.

Analysts await Welltower Inc. (NYSE:WELL) to report earnings on February, 28. They expect $1.04 EPS, up 1.96 % or $0.02 from last year’s $1.02 per share. WELL’s profit will be $390.67 million for 17.56 P/E if the $1.04 EPS becomes a reality. After $1.04 actual EPS 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 $27.44 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 49.83 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 notable recent Welltower Inc. (NYSE:WELL) news were published by: Fool.com which released: “3 Stocks to Hold for the Next 20 Years – The Motley Fool” on December 01, 2018, also Seekingalpha.com with their article: “Recent Purchase: Altria – Seeking Alpha” published on December 11, 2018, Seekingalpha.com published: “Welltower reports $1B in new off-market investments – Seeking Alpha” on December 04, 2018. More interesting news about Welltower Inc. (NYSE:WELL) were released by: Seekingalpha.com and their article: “Harsco Executing Very Well Amid Healthy Market Trends – Seeking Alpha” published on December 07, 2018 as well as Seekingalpha.com‘s news article titled: “Schlumberger Has Been Repriced For Low Dividend Growth – Seeking Alpha” with publication date: December 11, 2018.

Welltower Inc. (NYSE:WELL) Ratings Chart

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