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Analysts Offer Insights on Real Estate Companies: Rexford Industrial Realty (REXR), Eastgroup Properties (EGP) and Omega Healthcare (OHI)

Tipranks - Tue Feb 10, 5:22AM CST

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Rexford Industrial Realty (REXRResearch Report), Eastgroup Properties (EGPResearch Report) and Omega Healthcare (OHIResearch Report).

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Rexford Industrial Realty (REXR)

In a report released today, Samir Khanal from Bank of America Securities reiterated a Hold rating on Rexford Industrial Realty, with a price target of $45.00. The company’s shares closed last Friday at $38.97, close to its 52-week low of $36.92.

According to TipRanks.com, Khanal is a 1-star analyst with an average return of -0.3% and a 56.1% success rate. Khanal covers the NA sector, focusing on stocks such as Phillips Edison & Company, InvenTrust Properties, and Americold Realty. ;'>

Currently, the analyst consensus on Rexford Industrial Realty is a Moderate Buy with an average price target of $43.83, which is a 12.4% upside from current levels. In a report issued on February 5, BMO Capital also maintained a Hold rating on the stock with a $45.00 price target.

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Eastgroup Properties (EGP)

Bank of America Securities analyst Jeffrey Spector reiterated a Buy rating on Eastgroup Properties today and set a price target of $205.00. The company’s shares closed last Friday at $189.91, close to its 52-week high of $192.61.

According to TipRanks.com, Spector is a 4-star analyst with an average return of 4.7% and a 57.4% success rate. Spector covers the NA sector, focusing on stocks such as Phillips Edison & Company, Rexford Industrial Realty, and Extra Space Storage. ;'>

Eastgroup Properties has an analyst consensus of Moderate Buy, with a price target consensus of $200.00, a 6.9% upside from current levels. In a report issued on February 4, BMO Capital also maintained a Buy rating on the stock with a $205.00 price target.

Omega Healthcare (OHI)

In a report released today, Farrell Granath from Bank of America Securities reiterated a Hold rating on Omega Healthcare, with a price target of $48.00. The company’s shares closed last Friday at $45.28.

According to TipRanks.com, Granath is a 2-star analyst with an average return of 2.5% and a 76.9% success rate. Granath covers the NA sector, focusing on stocks such as American Healthcare REIT, Inc., National Health Investors, and Medical Properties Trust. ;'>

Currently, the analyst consensus on Omega Healthcare is a Moderate Buy with an average price target of $48.00, implying a 4.8% upside from current levels. In a report issued on January 29, Wells Fargo also downgraded the stock to Hold with a $45.00 price target.

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