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Bank of America Securities Sticks to Its Buy Rating for CareTrust REIT (CTRE)

Bank of America Securities Sticks to Its Buy Rating for CareTrust REIT (CTRE)

Bank of America Securities analyst Jeffrey Spector reiterated a Buy rating on CareTrust REIT on July 8 and set a price target of $32.00. The company's shares closed yesterday at $30.73.
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According to TipRanks, Spector is a 3-star analyst with an average return of 3.2% and a 46.63% success rate. Spector covers the Real Estate sector, focusing on stocks such as Agree Realty, Cousins Properties, and Welltower.
Currently, the analyst consensus on CareTrust REIT is a Moderate Buy with an average price target of $31.83.
The company has a one-year high of $33.15 and a one-year low of $24.79. Currently, CareTrust REIT has an average volume of 1.68M.
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