Unveiling 5 Analyst Insights On Alexandria Real Estate
Portfolio Pulse from Benzinga Insights
Alexandria Real Estate Equities Inc (NYSE:ARE) has been analyzed by 5 analysts, showing a mix of bullish and bearish sentiments. The average 12-month price target is now $132.00, down from $156.00, with a high estimate of $154.00 and a low of $108.00. Analyst actions include ratings and price target adjustments from firms like Mizuho, JMP Securities, Wedbush, Exane BNP Paribas, and RBC Capital. Alexandria is an urban office REIT with strong market presence and financials, showing solid revenue growth, high net margin, and good ROE and ROA, with a conservative debt-to-equity ratio.
January 03, 2024 | 3:00 pm
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NEUTRAL IMPACT
Alexandria Real Estate's average price target has been lowered to $132.00, indicating a potential downside according to analysts. The company's strong financials, including revenue growth and net margin, may counterbalance the negative sentiment.
While the average price target for ARE has decreased, suggesting a bearish outlook, the company's strong financial performance could provide support to the stock price. The mixed analyst ratings and the solid financials create uncertainty, hence a neutral score is given.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100