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Wall Street Analysts Are Bullish on Top Real Estate Picks

Tipranks - Wed Apr 1, 1:20AM CDT

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on China Overseas Land & Investment (CAOVF) and Weyerhaeuser (WY) with bullish sentiments.

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China Overseas Land & Investment (CAOVF)

DBS analyst Jason Lam maintained a Buy rating on China Overseas Land & Investment today and set a price target of HK$16.20. The company’s shares closed last Monday at $1.31.

Lam has an average return of 8.3% when recommending China Overseas Land & Investment. ;'>

According to TipRanks.com, Lam is ranked #2091 out of 12128 analysts.

Currently, the analyst consensus on China Overseas Land & Investment is a Moderate Buy with an average price target of $2.33.

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Weyerhaeuser (WY)

In a report released yesterday, Kurt Yinger from D.A. Davidson maintained a Buy rating on Weyerhaeuser. The company’s shares closed last Monday at $24.28.

According to TipRanks.com, Yinger is a 4-star analyst with an average return of 11.8% and a 49.3% success rate. Yinger covers the Industrial Goods sector, focusing on stocks such as Builders Firstsource, Louisiana-Pacific, and Bluelinx Holdings. ;'>

Weyerhaeuser has an analyst consensus of Moderate Buy, with a price target consensus of $31.14, a 29.9% upside from current levels. In a report issued on March 23, Goldman Sachs also maintained a Buy rating on the stock with a $38.00 price target.

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