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Analysts Are Bullish on These Real Estate Stocks: SBA Communications (SBAC), Colliers International Group (CIGI)

Tipranks - Tipranks - Thu Jun 4, 4:12AM CDT

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on SBA Communications (SBAC) and Colliers International Group (CIGI) with bullish sentiments.

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SBA Communications (SBAC)

In a report released today, Brendan Lynch from Barclays maintained a Buy rating on SBA Communications, with a price target of $245.00. The company’s shares closed last Tuesday at $196.21.

According to TipRanks.com, Lynch is a 1-star analyst with an average return of -2.1% and a 43.4% success rate. Lynch covers the NA sector, focusing on stocks such as National Storage Affiliates, Extra Space Storage, and Cushman & Wakefield. ;'>

SBA Communications has an analyst consensus of Moderate Buy, with a price target consensus of $226.64, which is an 11.1% upside from current levels. In a report issued on May 23, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $230.00 price target.

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Colliers International Group (CIGI)

William Blair analyst Stephen Sheldon maintained a Buy rating on Colliers International Group today. The company’s shares closed last Tuesday at $96.64.

According to TipRanks.com, Sheldon has 0 stars on 0-5 stars ranking scale with an average return of -9.4% and a 31.3% success rate. Sheldon covers the Technology sector, focusing on stocks such as Par Technology, Toast Inc, and Agilysys. ;'>

Colliers International Group has an analyst consensus of Strong Buy, with a price target consensus of $149.75.

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