Robert W. Baird analyst Dave Rodgers reiterated a Hold rating on Alexandria Equities (NYSE: ARE) today and set a price target of $130. The company’s shares opened today at $127.42.
According to TipRanks.com, Rodgers is a 4-star analyst with an average return of 7.4% and a 83.7% success rate. Rodgers covers the Financial sector, focusing on stocks such as Washington Real Estate Investment Trust, First Industrial Realty Trust, and Franklin Street Properties.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Alexandria Equities with a $137.25 average price target.
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The company has a one-year high of $134.37 and a one-year low of $114. Currently, Alexandria Equities has an average volume of 693.3K.
Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is negative on the stock.
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Alexandria Real Estate Equities, Inc. operates as a real estate investment trust. It engages in the ownership, operation, management, selective acquisition, development, and redevelopment of properties for the life science and technology industries.
