KeyBanc analyst Todd Thomas reiterated a Buy rating on Terreno Realty (TRNO – Research Report) today and set a price target of $70.00. The company’s shares closed yesterday at $65.40.
Thomas covers the Real Estate sector, focusing on stocks such as Terreno Realty, Kite Realty Group, and Plymouth Industrial Reit. According to TipRanks, Thomas has an average return of 8.7% and a 54.90% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Terreno Realty with a $67.64 average price target, a 3.43% upside from current levels. In a report released on March 27, JMP Securities also maintained a Buy rating on the stock with a $65.00 price target.
The company has a one-year high of $66.63 and a one-year low of $49.69. Currently, Terreno Realty has an average volume of 719.3K.
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Terreno Realty (TRNO) Company Description:
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. Blake Baird on November 6, 2009 and is headquartered in San Francisco, CA.
Read More on TRNO:
- Terreno Realty price target raised to $62 from $52 at Mizuho
- Terreno Realty acquires industrial property in Washington for $11M
- Terreno Realty initiated with an Overweight at Barclays
- Terreno Realty 5.5M share Spot Secondary priced at $62.00
- Terreno Realty announces offering of 5M shares of common stock
