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Analysts’ Opinions Are Mixed on These Real Estate Stocks: Welltower (WELL) and Public Storage (PSA)

Tipranks - Tue Jun 16, 10:14AM CDT

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Welltower (WELL) and Public Storage (PSA).

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Welltower (WELL)

Bank of America Securities analyst Farrell Granath maintained a Buy rating on Welltower today. The company’s shares closed last Monday at $214.12.

According to TipRanks.com, Granath is a 3-star analyst with an average return of 4.3% and a 53.1% success rate. Granath covers the NA sector, focusing on stocks such as American Healthcare REIT, Inc., National Health Investors, and Healthpeak Properties. ;'>

Welltower has an analyst consensus of Strong Buy, with a price target consensus of $240.50, a 13.1% upside from current levels. In a report issued on June 1, TipRanks – xAI also reiterated a Buy rating on the stock with a $227.00 price target.

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Public Storage (PSA)

BMO Capital analyst Juan C. Sanabria maintained a Hold rating on Public Storage today and set a price target of $305.00. The company’s shares closed last Monday at $321.89.

According to TipRanks.com, Sanabria is a 4-star analyst with an average return of 3.6% and a 53.9% success rate. Sanabria covers the NA sector, focusing on stocks such as SmartStop Self Storage REIT, Inc., American Healthcare REIT, Inc., and National Storage Affiliates. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Public Storage with a $317.10 average price target, representing a -1.8% downside. In a report issued on June 8, Evercore ISI also maintained a Hold rating on the stock with a $317.00 price target.

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