JMP Securities analyst Mitchell Germain maintained a Buy rating on Terreno Realty (TRNO – Research Report) today and set a price target of $65.00. The company’s shares closed last Friday at $55.07.
Germain covers the Real Estate sector, focusing on stocks such as Whitestone REIT, Global Net Lease, and VICI Properties. According to TipRanks, Germain has an average return of 1.1% and a 52.75% success rate on recommended stocks.
In addition to JMP Securities, Terreno Realty also received a Buy from Barclays’s Brendan Lynch in a report issued on May 10. However, on May 8, Mizuho Securities maintained a Hold rating on Terreno Realty (NYSE: TRNO).
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 773.1K.
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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 (TRNO) Q1 Earnings Cheat Sheet
- Terreno Realty acquires multi-city portfolio for $364.5M
- Terreno Realty Announces Chief Accounting Officer Transition
- Terreno Realty reports March-end portfolio occupancy 96.2% vs. 98.3% last year
- Terreno Realty price target raised to $62 from $52 at Mizuho
