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Analysts Offer Insights on Real Estate Companies: BrightSpire Capital (BRSP), Mapletree Logistics (OtherMAPGF) and Plymouth Industrial Reit (PLYM)

Companies in the Real Estate sector have received a lot of coverage today as analysts weigh in on BrightSpire Capital (BRSPResearch Report), Mapletree Logistics (MAPGFResearch Report) and Plymouth Industrial Reit (PLYMResearch Report).

BrightSpire Capital (BRSP)

Barclays analyst Terry Ma maintained a Hold rating on BrightSpire Capital today and set a price target of $7.00. The company’s shares closed last Wednesday at $6.23.

According to TipRanks.com, Ma is a 3-star analyst with an average return of 2.8% and a 63.5% success rate. Ma covers the Financial sector, focusing on stocks such as Discover Financial Services, Fidelity National Financial, and First American Financial.

The word on The Street in general, suggests a Hold analyst consensus rating for BrightSpire Capital with a $7.33 average price target.

See the top stocks recommended by analysts >>

Mapletree Logistics (MAPGF)

In a report released today, Jonathan Koh from UOB Kay Hian maintained a Buy rating on Mapletree Logistics, with a price target of S$1.89. The company’s shares closed last Friday at $0.97, close to its 52-week low of $0.97.

According to TipRanks.com, Koh is a 1-star analyst with an average return of -5.8% and a 38.2% success rate. Koh covers the NA sector, focusing on stocks such as Frasers Logistics & Commercial Trust, CDL Hospitality Trusts, and Mapletree Commercial.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Mapletree Logistics with a $1.25 average price target, implying a 29.1% upside from current levels. In a report issued on April 30, CLSA also upgraded the stock to Buy with a S$1.50 price target.

Plymouth Industrial Reit (PLYM)

Barclays analyst Brendan Lynch assigned a Hold rating to Plymouth Industrial Reit today and set a price target of $22.00. The company’s shares closed last Wednesday at $20.99.

According to TipRanks.com, Lynch has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.0% and a 39.8% success rate. Lynch covers the NA sector, focusing on stocks such as National Storage Affiliates, Rexford Industrial Realty, and First Industrial Realty.

Currently, the analyst consensus on Plymouth Industrial Reit is a Moderate Buy with an average price target of $24.00, a 14.4% upside from current levels. In a report released today, BMO Capital also maintained a Hold rating on the stock with a $22.00 price target.

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