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Wall Street Analysts Are Bullish on Top Real Estate Picks

Tipranks - Sat Feb 7, 2:26PM CST

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Ventas (VTRResearch Report) and FirstService (FSVResearch Report) with bullish sentiments.

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Ventas (VTR)

In a report released today, James Kammert from Evercore ISI maintained a Buy rating on Ventas, with a price target of $86.00. The company’s shares closed last Friday at $81.80.

According to TipRanks.com, Kammert is a 2-star analyst with an average return of 0.7% and a 46.3% success rate. Kammert covers the NA sector, focusing on stocks such as Essential Properties Realty, Four Corners Property, and Healthpeak Properties. ;'>

Currently, the analyst consensus on Ventas is a Strong Buy with an average price target of $87.14, implying a 7.8% upside from current levels. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a $90.00 price target.

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FirstService (FSV)

Stifel Nicolaus analyst Daryl Young maintained a Buy rating on FirstService today and set a price target of $215.00. The company’s shares closed last Friday at $160.61.

Young has an average return of 9.2% when recommending FirstService. ;'>

According to TipRanks.com, Young is ranked #2042 out of 12040 analysts.

Currently, the analyst consensus on FirstService is a Strong Buy with an average price target of $211.50, implying a 33.3% upside from current levels. In a report released today, TipRanks – PerPlexity also upgraded the stock to Buy with a C$243.00 price target.

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