Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on Welltower (WELL – Research Report), Dexus (DEXSF – Research Report) and Morguard (OTC) (MRCBF – Research Report).
Welltower (WELL)
In a report released today, Joshua Dennerlein from Bank of America Securities reiterated a Buy rating on Welltower, with a price target of $129.00. The company’s shares closed last Monday at $91.86, close to its 52-week high of $94.63.
According to TipRanks.com, Dennerlein is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Welltower with a $98.15 average price target, implying a 5.1% upside from current levels. In a report issued on February 13, Wells Fargo also maintained a Buy rating on the stock with a $97.00 price target.
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Dexus (DEXSF)
Jefferies analyst Sholto Maconochie maintained a Hold rating on Dexus yesterday and set a price target of A$8.20. The company’s shares closed last Wednesday at $4.75.
According to TipRanks.com, Maconochie is a 3-star analyst with an average return of
Dexus has an analyst consensus of Moderate Buy, with a price target consensus of $5.57, which is a 17.3% upside from current levels. In a report issued on February 15, Citi also maintained a Hold rating on the stock with a A$8.20 price target.
Morguard (OTC) (MRCBF)
In a report released yesterday, Jimmy Shan from RBC Capital maintained a Hold rating on Morguard (OTC), with a price target of C$135.00. The company’s shares closed last Thursday at $83.50.
According to TipRanks.com, Shan is ranked #612 out of 8743 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Morguard (OTC) with a $99.95 average price target.
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Read More on WELL:
- Welltower, Inc.’s New Sales & Marketing Risk – A Cause for Worry?
- Welltower Announces $3.5 Billion Common Stock Sales Agreement
- Early notable gainers among liquid option names on February 14th
- Welltower to form long-term strategic partnership with Affinity
- Welltower sees FY24 normalized FFO $3.94-$4.10
