Welltower Inc. is a large-cap real estate investment trust (REIT) with a market cap of $142.9 billion. The company’s stock has hit an all-time high of $209.05 and has risen by 24.4% over the past three months. Welltower’s performance has been strong over the long term, with a 65.2% increase in stock prices year-to-date. Despite reporting positive Q3 results, Welltower’s stock prices dropped by 1.6%. Despite this, the company has outperformed its competitor Ventas, Inc. Analysts have a consensus “Strong Buy” rating on Welltower stock, which is currently trading above its mean price target of $203.79.
Read more at Barchart: Is WELL Outperforming the Real Estate Sector?
