Shares of Ventas Inc. (NYSE:VTR) traded at a new 12-month high today of $62.30. Approximately 340,000 shares have changed hands today, as compared to an average 30-day volume of 2.7 million shares.
Ventas Inc. defies analysts with a current price ($62.25) 1.5% above its average consensus price target of $61.35.
In the past 12 months, shares of Ventas Inc. have traded between a low of $45.44 and a high of $62.30 and are now at $62.25, which is 37% above that low price.
Ventas owns a diversified healthcare portfolio of 1,200 in-place properties spread across the senior housing, medical office, hospital, life science, and skilled nursing/post-acute care. The portfolio includes over 40 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 the United States.
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