In a report released today, William Crow from Raymond James maintained a Buy rating on Stag Industrial (STAG), with a price target of $28.50. The company’s shares opened today at $25.74.
Crow has an average return of 1.1% when recommending Stag Industrial.
According to TipRanks.com, Crow is ranked #1197 out of 4900 analysts.
Stag Industrial has an analyst consensus of Moderate Buy, with a price target consensus of $30.25.
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Based on Stag Industrial’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $8.53 million. In comparison, last year the company had a net profit of $20.93 million.
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STAG Industrial, Inc. is a real estate investment trust. It engages in the acquisition and operation of industrial real properties assets. The company was founded by Benjamin S. Butcher on July 21, 2010 and is headquartered in Boston, MA.
