Analysts Offer Insights on Real Estate Companies: Realty Income (O), Phillips Edison & Company (PECO) and Equinix (EQIX)
Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Realty Income (O), Phillips Edison & Company (PECO) and Equinix (EQIX).
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Realty Income (O)
In a report released today, Jeffrey Spector from Bank of America Securities maintained a Hold rating on Realty Income, with a price target of $70.00. The company’s shares closed last Friday at $63.75, close to its 52-week high of $64.88.
According to TipRanks.com, Spector is a 4-star analyst with an average return of
Currently, the analyst consensus on Realty Income is a Moderate Buy with an average price target of $67.42, representing a 6.5% upside. In a report issued on March 30, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $64.00 price target.
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Phillips Edison & Company (PECO)
The company’s shares closed last Friday at $38.51.
According to TipRanks.com, Hightower is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Phillips Edison & Company with a $41.00 average price target, implying a 6.3% upside from current levels. In a report issued on March 30, KeyBanc also maintained a Hold rating on the stock.
Equinix (EQIX)
In a report released today, Cameron McVeigh from Morgan Stanley reiterated a Buy rating on Equinix, with a price target of $1250.00. The company’s shares closed last Friday at $1030.24.
According to TipRanks.com, McVeigh is a 1-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Equinix with a $1074.37 average price target, which is a 4.2% upside from current levels. In a report issued on April 8, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $1173.00 price target.
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