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 Equity Residential (EQR – Research Report) and Alpine Income Property Trust Inc (PINE – Research Report) with bullish sentiments.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Equity Residential (EQR)
In a report released today, Michael Lewis from Truist Financial maintained a Buy rating on Equity Residential. The company’s shares closed last Thursday at $61.77, close to its 52-week low of $59.48.
According to TipRanks.com, Lewis is a 5-star analyst with an average return of
Equity Residential has an analyst consensus of Moderate Buy, with a price target consensus of $70.00, a 10.8% upside from current levels. In a report issued on January 27, Piper Sandler also maintained a Buy rating on the stock with a $78.00 price target.
See today’s best-performing stocks on TipRanks >>
Alpine Income Property Trust Inc (PINE)
In a report released today, Barry Oxford from Colliers Securities maintained a Buy rating on Alpine Income Property Trust Inc, with a price target of $21.00. The company’s shares closed last Thursday at $18.48.
According to TipRanks.com, Oxford is a 4-star analyst with an average return of
Alpine Income Property Trust Inc has an analyst consensus of Moderate Buy, with a price target consensus of $20.08, implying a 10.2% upside from current levels. In a report issued on February 3, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $20.00 price target.
