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Analysts Offer Insights on Real Estate Companies: Simon Property (SPG), Apple Hospitality REIT (APLE) and Crown Castle (CCI)

Analysts have been eager to weigh in on the Real Estate sector with new ratings on Simon Property (SPGResearch Report), Apple Hospitality REIT (APLEResearch Report) and Crown Castle (CCIResearch Report).

Simon Property (SPG)

Piper Sandler analyst Alexander Goldfarb maintained a Buy rating on Simon Property today and set a price target of $172.00. The company’s shares closed last Monday at $144.44.

According to TipRanks.com, Goldfarb is a 3-star analyst with an average return of 1.2% and a 52.1% success rate. Goldfarb covers the NA sector, focusing on stocks such as Innovative Industrial Properties, Hudson Pacific Properties, and Howard Hughes Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Simon Property with a $155.00 average price target, representing a 7.4% upside. In a report released today, Goldman Sachs also maintained a Buy rating on the stock.

See Insiders’ Hot Stocks on TipRanks >>

Apple Hospitality REIT (APLE)

In a report released today, Anthony Powell from Barclays maintained a Buy rating on Apple Hospitality REIT, with a price target of $19.00. The company’s shares closed last Monday at $14.80, close to its 52-week low of $14.22.

According to TipRanks.com, Powell is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.2% and a 42.7% success rate. Powell covers the NA sector, focusing on stocks such as Host Hotels & Resorts, Park Hotels & Resorts, and Mid-America Apartment.

Apple Hospitality REIT has an analyst consensus of Moderate Buy, with a price target consensus of $18.00.

Crown Castle (CCI)

RBC Capital analyst Jonathan Atkin maintained a Hold rating on Crown Castle today and set a price target of $100.00. The company’s shares closed last Monday at $95.92.

Atkin has an average return of 1.7% when recommending Crown Castle.

According to TipRanks.com, Atkin is ranked #161 out of 8815 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Crown Castle with a $111.55 average price target, implying a 14.0% upside from current levels. In a report issued on April 22, Deutsche Numis also maintained a Hold rating on the stock with a $109.00 price target.

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