US stocks closed higher with real estate stocks posting strong gains on Tuesday. The sector was up around 2% during the session.
Wall Street analysts make new stock picks every day. Unfortunately for investors, not all analysts have a particularly impressive track record of predicting market movements. Even when it comes to a single stock, analyst ratings and price targets can vary widely, leaving investors confused as to what analyst opinion they have trust.
Benzinga readers can access the latest analyst ratings Analyst stock ratings Side. Readers can sort by stock ticker, company name, analyst firm, rating change, or other variable.
Here’s a look at some of the top real estate stocks from multiple analysts, according to Benzinga Analyst Stock Reviews.
Simon Property Group, Inc. SPG
- Piper Sandler’s analyst Alexander Goldfarb maintain an excess weight Rating for the company’s stock on October 7, 2022 but lowered the price target to $123 from $130. Goldfarb sees over 2% upside potential in the stock and has a 55% accuracy rate.
- Deutsche Bank analyst Derek Johnston kept his Buy rating on October 4, 2022, lowering the price target to $115 from $129. Freeman forecasts the stock to fall over 4% and has a 61% accuracy rate.
- Latest news: Simon Property Group last month reported better-than-expected third-quarter sales results.
Prologis, Inc. PLD
- Wells Fargo analyst Blaine Heck kept an Overweight rating in the company’s shares on November 22, 2022, increasing its price target to $135 from $127. Heck sees the company’s shares up around 11% and has a 51% accuracy rate.
- B of A Securities analyst Jeffrey Spector Restored a Buy rating on the company’s stock on October 24, 2022 with a price target of $140. Spector sees the stock up about 16% and has an accuracy rate of 68%.
- Latest news: Prologis Director David P. O’Connor recently purchased a total of 9,000 shares at an average price of $114.13.
AvalonBay…
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