In a report issued on November 26, Dave Rodgers from Robert W. Baird reiterated a Buy rating on Stag Industrial (STAG), with a price target of $30. The company’s shares closed yesterday at $26.58.
According to TipRanks.com, Rodgers is a 4-star analyst with an average return of 5.4% and a 65.7% success rate. Rodgers covers the Financial sector, focusing on stocks such as Armada Hoffler Properties, Americold Realty Trust, and Terreno Realty Corp.
Currently, the analyst consensus on Stag Industrial is a Moderate Buy with an average price target of $28.50.
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The company has a one-year high of $29.07 and a one-year low of $22.42. Currently, Stag Industrial has an average volume of 766.4K.
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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.
