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Analysts Offer Insights on Real Estate Companies: Rexford Industrial Realty (REXR), Welltower (WELL) and Crown Castle (CCI)

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Rexford Industrial Realty (REXRResearch Report), Welltower (WELLResearch Report) and Crown Castle (CCIResearch Report).

Rexford Industrial Realty (REXR)

Bank of America Securities analyst Camille Bonnel assigned a Buy rating to Rexford Industrial Realty today and set a price target of $66.00. The company’s shares closed last Tuesday at $45.32.

According to TipRanks.com, Bonnel is a 2-star analyst with an average return of -0.8% and a 51.7% success rate. Bonnel covers the NA sector, focusing on stocks such as Hudson Pacific Properties, SL Green Realty, and Stag Industrial.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rexford Industrial Realty with a $57.60 average price target, which is a 28.6% upside from current levels. In a report issued on April 1, Colliers Securities also maintained a Buy rating on the stock with a $60.00 price target.

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Welltower (WELL)

Bank of America Securities analyst Joshua Dennerlein maintained a Buy rating on Welltower today. The company’s shares closed last Tuesday at $88.84.

According to TipRanks.com, Dennerlein is a 1-star analyst with an average return of -3.6% and a 38.7% success rate. Dennerlein covers the NA sector, focusing on stocks such as Mid-America Apartment, Healthpeak Properties, and Medical Properties.

Welltower has an analyst consensus of Strong Buy, with a price target consensus of $99.67.

Crown Castle (CCI)

In a report released today, David Barden from Bank of America Securities maintained a Hold rating on Crown Castle, with a price target of $120.00. The company’s shares closed last Tuesday at $94.38.

According to TipRanks.com, Barden is a 3-star analyst with an average return of 2.0% and a 49.1% success rate. Barden covers the NA sector, focusing on stocks such as Rogers Communication, Lumen Technologies, and Cogent Comms.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Crown Castle with a $120.42 average price target, which is a 26.8% upside from current levels. In a report issued on April 10, Wells Fargo also maintained a Hold rating on the stock with a $115.00 price target.

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