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Analysts Have Conflicting Sentiments on These Real Estate Companies: CoStar Group (CSGP), Tanger (SKT) and American Tower (AMT)

Tipranks - Thu Feb 26, 6:44AM CST

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on CoStar Group (CSGPResearch Report), Tanger (SKTResearch Report) and American Tower (AMTResearch Report).

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CoStar Group (CSGP)

Bank of America Securities analyst Curtis Nagle reiterated a Hold rating on CoStar Group today and set a price target of $52.00. The company’s shares closed last Tuesday at $49.15.

According to TipRanks.com, Nagle has 0 stars on 0-5 stars ranking scale with an average return of -7.6% and a 44.0% success rate. Nagle covers the NA sector, focusing on stocks such as Rollins, Chewy, and Etsy. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CoStar Group with a $65.31 average price target, a 37.3% upside from current levels. In a report released today, RBC Capital also maintained a Hold rating on the stock with a $57.00 price target.

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Tanger (SKT)

Scotiabank analyst Greg McGinniss maintained a Hold rating on Tanger today and set a price target of $34.00. The company’s shares closed last Tuesday at $35.56.

According to TipRanks.com, McGinniss is a 2-star analyst with an average return of 1.4% and a 53.2% success rate. McGinniss covers the NA sector, focusing on stocks such as Essential Properties Realty, Rexford Industrial Realty, and Gaming and Leisure. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Tanger with a $36.25 average price target, implying a 1.2% upside from current levels. In a report issued on February 23, BMO Capital also maintained a Hold rating on the stock with a $36.00 price target.

American Tower (AMT)

Bank of America Securities analyst Michael Funk reiterated a Buy rating on American Tower today and set a price target of $210.00. The company’s shares closed last Tuesday at $190.19.

According to TipRanks.com, Funk is ranked #11686 out of 12136 analysts.

American Tower has an analyst consensus of Moderate Buy, with a price target consensus of $214.23, which is a 13.9% upside from current levels. In a report issued on February 20, Citi also maintained a Buy rating on the stock with a $225.00 price target.

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