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Analysts Offer Insights on Real Estate Companies: Kimco Realty (KIM), Rexford Industrial Realty (REXR) and Welltower (WELL)

Tipranks - Fri Jun 12, 12:44PM CDT

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Kimco Realty (KIM), Rexford Industrial Realty (REXR) and Welltower (WELL).

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Kimco Realty (KIM)

Evercore ISI analyst Steve Sakwa maintained a Hold rating on Kimco Realty on June 8 and set a price target of $25.00. The company’s shares closed last Thursday at $25.91.

According to TipRanks.com, Sakwa is a 3-star analyst with an average return of 1.5% and a 55.8% success rate. Sakwa covers the NA sector, focusing on stocks such as National Storage Affiliates, COPT Defense Properties, and Four Corners Property. ;'>

Currently, the analyst consensus on Kimco Realty is a Hold with an average price target of $25.64, representing a 0.4% upside. In a report issued on May 25, Mizuho Securities also maintained a Hold rating on the stock with a $25.00 price target.

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Rexford Industrial Realty (REXR)

Evercore ISI analyst Michael Griffin CFA maintained a Buy rating on Rexford Industrial Realty on June 8 and set a price target of $40.00. The company’s shares closed last Thursday at $34.62.

According to TipRanks.com, CFA is a 3-star analyst with an average return of 4.0% and a 77.8% success rate. CFA covers the NA sector, focusing on stocks such as Phillips Edison & Company, Eastgroup Properties, and Extra Space Storage. ;'>

Currently, the analyst consensus on Rexford Industrial Realty is a Moderate Buy with an average price target of $40.00, representing a 15.2% upside. In a report issued on May 25, Truist Financial also maintained a Buy rating on the stock with a $38.00 price target.

Welltower (WELL)

In a report released today, Ronald Kamdem from Morgan Stanley reiterated a Buy rating on Welltower. The company’s shares closed last Thursday at $212.58.

According to TipRanks.com, Kamdem is a 4-star analyst with an average return of 8.5% and a 61.1% success rate. Kamdem covers the NA sector, focusing on stocks such as American Healthcare REIT, Inc., Hudson Pacific Properties, and Curbline Properties Corp. ;'>

Welltower has an analyst consensus of Strong Buy, with a price target consensus of $243.82, implying a 14.7% upside from current levels. In a report released yesterday, Bank of America Securities also maintained a Buy rating on the stock with a $277.00 price target.

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