Wall Street Analysts Are Bullish on Top Real Estate Picks
There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Crown Castle (CCI – Research Report) and Ryman (RHP – Research Report) with bullish sentiments.
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Crown Castle (CCI)
Citi analyst Michael Rollins maintained a Buy rating on Crown Castle yesterday and set a price target of $110.00. The company’s shares closed last Monday at $84.99, close to its 52-week low of $84.20.
According to TipRanks.com, Rollins is a 5-star analyst with an average return of
Currently, the analyst consensus on Crown Castle is a Moderate Buy with an average price target of $107.56, implying a 27.6% upside from current levels. In a report issued on January 8, Bank of America Securities also maintained a Buy rating on the stock.
See the top stocks recommended by analysts >>
Ryman (RHP)
In a report released yesterday, Chris Woronka from Deutsche Bank maintained a Buy rating on Ryman, with a price target of $131.00. The company’s shares closed last Monday at $94.28, close to its 52-week low of $90.75.
According to TipRanks.com, Woronka is a 4-star analyst with an average return of
Currently, the analyst consensus on Ryman is a Strong Buy with an average price target of $111.50, which is a 17.9% upside from current levels. In a report issued on January 2, Barclays also initiated coverage with a Buy rating on the stock with a $110.00 price target.
