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Analysts Offer Insights on Real Estate Companies: FirstService (FSV) and Rexford Industrial Realty (REXR)

Tipranks - Sat Apr 25, 7:22AM CDT

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on FirstService (FSV) and Rexford Industrial Realty (REXR) with bullish sentiments.

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FirstService (FSV)

In a report released today, Daryl Young from Stifel Nicolaus maintained a Buy rating on FirstService, with a price target of $215.00. The company’s shares closed last Thursday at $149.16, close to its 52-week low of $141.26.

According to TipRanks.com, Young is a 4-star analyst with an average return of 6.4% and a 53.1% success rate. Young covers the Industrial Goods sector, focusing on stocks such as Air Canada, Cargojet, and CAE. ;'>

Currently, the analyst consensus on FirstService is a Strong Buy with an average price target of $208.00, representing a 39.6% upside. In a report issued on April 14, TD Cowen also maintained a Buy rating on the stock with a $201.00 price target.

See the top stocks recommended by analysts >>

Rexford Industrial Realty (REXR)

Truist Financial analyst Anthony Hau maintained a Buy rating on Rexford Industrial Realty today. The company’s shares closed last Thursday at $36.33.

According to TipRanks.com, Hau is a 4-star analyst with an average return of 8.8% and a 64.6% success rate. Hau covers the NA sector, focusing on stocks such as Alpine Income Property Trust Inc, Peakstone Realty Trust, and Equity Lifestyle. ;'>

Rexford Industrial Realty has an analyst consensus of Moderate Buy, with a price target consensus of $41.73, which is a 14.9% upside from current levels. In a report issued on April 13, Evercore ISI also upgraded the stock to Buy with a $40.00 price target.

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