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Analysts Have Conflicting Sentiments on These Real Estate Companies: Rexford Industrial Realty (REXR) and Invitation Homes (INVH)

Tipranks - Wed Jan 21, 5:52AM CST

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Rexford Industrial Realty (REXRResearch Report) and Invitation Homes (INVHResearch Report).

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Rexford Industrial Realty (REXR)

In a report issued on January 16, Blaine Heck from Wells Fargo maintained a Buy rating on Rexford Industrial Realty, with a price target of $47.00. The company’s shares closed last Friday at $41.00.

According to TipRanks.com, Heck is a 1-star analyst with an average return of -0.5% and a 53.2% success rate. Heck covers the NA sector, focusing on stocks such as First Industrial Realty, COPT Defense Properties, and Eastgroup Properties. ;'>

Currently, the analyst consensus on Rexford Industrial Realty is a Hold with an average price target of $44.00, representing a 7.7% upside. In a report issued on January 9, TipRanks – xAI also upgraded the stock to Buy with a $45.00 price target.

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Invitation Homes (INVH)

Bank of America Securities analyst Jana Galan reiterated a Hold rating on Invitation Homes today and set a price target of $34.00. The company’s shares closed last Friday at $27.65.

According to TipRanks.com, Galan is a 1-star analyst with an average return of -3.1% and a 31.3% success rate. Galan covers the NA sector, focusing on stocks such as Essential Properties Realty, Hudson Pacific Properties, and Peakstone Realty Trust. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Invitation Homes with a $32.24 average price target, implying a 19.1% upside from current levels. In a report issued on January 8, Mizuho Securities also downgraded the stock to Hold with a $27.00 price target.

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