Analysts have been eager to weigh in on the Real Estate sector with new ratings on Macerich (MAC – Research Report) and Welltower (WELL – Research Report).
Macerich (MAC)
In a report released yesterday, Haendel St. Juste from Mizuho Securities assigned a Sell rating to Macerich, with a price target of $14.00. The company’s shares closed last Wednesday at $13.46.
According to TipRanks.com, Juste is a 3-star analyst with an average return of
Currently, the analyst consensus on Macerich is a Hold with an average price target of $16.25, which is a 22.5% upside from current levels. In a report released yesterday, Piper Sandler also downgraded the stock to Sell with a $11.00 price target.
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Welltower (WELL)
Mizuho Securities analyst Vikram Malhotra reiterated a Buy rating on Welltower on April 29 and set a price target of $98.00. The company’s shares closed last Wednesday at $94.36, close to its 52-week high of $98.19.
According to TipRanks.com, Malhotra is ranked 0 out of 5 stars with an average return of
Currently, the analyst consensus on Welltower is a Strong Buy with an average price target of $98.63, a 3.8% upside from current levels. In a report issued on April 16, Bank of America Securities also maintained a Buy rating on the stock.
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