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Analysts’ Top Real Estate Picks: American Tower (AMT), Apollo Real Estate (ARI)

Tipranks - Wed Jun 17, 5:00AM CDT

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on American Tower (AMT) and Apollo Real Estate (ARI) with bullish sentiments.

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American Tower (AMT)

In a report released yesterday, Michael Rollins from Citi maintained a Buy rating on American Tower, with a price target of $225.00. The company’s shares closed last Monday at $185.76.

According to TipRanks.com, Rollins is a 5-star analyst with an average return of 11.7% and a 62.0% success rate. Rollins covers the NA sector, focusing on stocks such as Optimum Communications Inc Class A, Charter Communications, and Liberty Broadband. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for American Tower with a $212.71 average price target, implying a 14.3% upside from current levels. In a report issued on June 3, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $213.00 price target.

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Apollo Real Estate (ARI)

In a report released yesterday, Tom Catherwood from BTIG maintained a Buy rating on Apollo Real Estate, with a price target of $11.00. The company’s shares closed last Monday at $10.66.

According to TipRanks.com, Catherwood is a 1-star analyst with an average return of -1.1% and a 44.1% success rate. Catherwood covers the NA sector, focusing on stocks such as Hudson Pacific Properties, Highwoods Properties, and BrightSpire Capital. ;'>

Apollo Real Estate has an analyst consensus of Strong Buy, with a price target consensus of $11.50.

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