Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Prologis (PLD – Research Report), Welltower (WELL – Research Report) and PennyMac Mortgage (PMT – Research Report).
Prologis (PLD)
Bank of America Securities analyst Camille Bonnel maintained a Buy rating on Prologis today. The company’s shares closed last Monday at $105.01.
According to TipRanks.com, Bonnel is a 1-star analyst with an average return of
Prologis has an analyst consensus of Strong Buy, with a price target consensus of $135.67, implying a 28.6% upside from current levels. In a report issued on April 16, Wells Fargo also maintained a Buy rating on the stock with a $142.00 price target.
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Welltower (WELL)
Bank of America Securities analyst Joshua Dennerlein maintained a Buy rating on Welltower today. The company’s shares closed last Monday at $95.78, close to its 52-week high of $95.83.
According to TipRanks.com, Dennerlein is a 1-star analyst with an average return of
Welltower has an analyst consensus of Strong Buy, with a price target consensus of $98.63, which is a 3.7% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $107.00 price target.
PennyMac Mortgage (PMT)
Bank of America Securities analyst Derek Hewett reiterated a Hold rating on PennyMac Mortgage today and set a price target of $14.50. The company’s shares closed last Tuesday at $13.93.
According to TipRanks.com, Hewett is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for PennyMac Mortgage with a $14.60 average price target, which is a 3.5% upside from current levels. In a report issued on April 22, Piper Sandler also maintained a Hold rating on the stock with a $14.50 price target.
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Read More on PLD:
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