Roth MKM Keeps Their Buy Rating on Innovative Industrial Properties (IIPR)
In a report released today, Bill Kirk from Roth MKM maintained a Buy rating on Innovative Industrial Properties, with a price target of $90.00.
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Kirk covers the Consumer Defensive sector, focusing on stocks such as Grocery Outlet Holding, Constellation Brands, and Kroger Company. According to TipRanks, Kirk has an average return of -8.4% and a 39.13% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Innovative Industrial Properties with a $61.33 average price target.
Based on Innovative Industrial Properties’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $64.69 million and a net profit of $29.31 million. In comparison, last year the company earned a revenue of $76.53 million and had a net profit of $40.22 million
Read More on IIPR:
Disclaimer & DisclosureReport an Issue
- Innovative Industrial Properties price target raised to $44 from $43 at Piper Sandler
- Innovative Industrial Properties Expands into Life Sciences
- Innovative Industrial Properties’ Earnings Call Highlights Strategic Moves
- Cautious Outlook for Innovative Industrial Properties Amid Transitional Challenges and Strategic Moves
- Innovative Industrial Properties Invests $270M in IQHQ
