Terreno Realty Corp Gets a Buy Rating from National Securities Corp


In a report released yesterday, John Benda from National Securities Corp reiterated a Buy rating on Terreno Realty Corp (NYSE: TRNO), with a price target of $39. The company’s shares opened today at $38.50, close to its 52-week high of $39.27.

According to TipRanks.com, Benda is a 4-star analyst with an average return of 20.7% and a 94.1% success rate. Benda covers the Financial sector, focusing on stocks such as Preferred Apartment Communities, Plymouth Industrial Reit Inc, and Bluerock Residential Growth.

Currently, the analyst consensus on Terreno Realty Corp is Moderate Buy and the average price target is $40.17, representing a 4.3% upside.

In a report issued on May 4, D.A. Davidson also maintained a Buy rating on the stock with a $50 price target.

See today’s analyst top recommended stocks >>

Terreno Realty Corp’s market cap is currently $2.17B and has a P/E ratio of 37.97. The company has a Price to Book ratio of 2.10.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Terreno Realty Corp. operates as a real estate company, which acquires, owns, and manages industrial properties. It invests in several types of industrial real estate, including warehouse/distribution, flex, research and development, and trans-shipment. The company was founded by Michael A. Coke and W.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts