realestate

Analysts' Views on Alexandria Real Estate Equity Performance

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even analysts have expressed varying opinions on Alexandria Real Estate (ARE) over the past quarter, ranging from bullish to bearish sentiments.

    The table below summarizes their recent ratings, revealing shifting sentiments over the past 30 days and comparing them to previous months:

    Bullish

    Somewhat Bullish

    Indifferent

    Somewhat Bearish

    Bearish

    Total Ratings

    0

    1

    6

    0

    0

    Last 30D

    0

    0

    2

    0

    0

    1M Ago

    0

    0

    0

    0

    0

    2M Ago

    0

    0

    2

    0

    0

    3M Ago

    0

    1

    2

    0

    0

    Analysts have set 12-month price targets for Alexandria Real Estate, with an average target of $125.57, a high estimate of $130.00, and a low estimate of $120.00. The current average is lower than the previous average price target of $133.86, experiencing a 6.19% decline.

    Key analysts have evaluated Alexandria Real Estate and provided recent ratings and adjustments to their recommendations:

    Analyst

    Analyst Firm

    Action Taken

    Rating

    Current Price Target

    Prior Price Target

    Richard Anderson

    Wedbush

    Lowers

    Neutral

    $120.00

    $130.00

    Steve Sakwa

    Evercore ISI Group

    Lowers

    In-Line

    $124.00

    $129.00

    Nick Joseph

    Citigroup

    Lowers

    Neutral

    $125.00

    $130.00

    Steve Sakwa

    Evercore ISI Group

    Raises

    In-Line

    $127.00

    $126.00

    Michael Carroll

    RBC Capital

    Lowers

    Outperform

    $130.00

    $135.00

    Peter Abramowitz

    Jefferies

    Lowers

    Hold

    $127.00

    $136.00

    Jeffrey Spector

    B of A Securities

    Lowers

    Neutral

    $126.00

    $151.00

    Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT) providing space for lease to life science, agtech, and technology tenants in key locations such as Greater Boston, the San Francisco Bay Area, New York City, and Seattle.

    The company's market capitalization emphasizes a strong size, indicative of its significant market presence. Alexandria Real Estate achieved an impressive revenue growth rate of 7.4% in three months, exceeding industry averages. The company also showcases exceptional net margin, with a remarkable net margin of 5.6%.

    However, the Return on Equity (ROE) is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. Alexandria Real Estate maintains a balanced debt approach with a debt-to-equity ratio below industry norms.

    Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future and how risky or predictable that company's revenue streams are.

Analysts discuss Alexandria Real Estate's equity performance in a financial conference setting.