Analyst Ratings for Alexandria Real Estate Equities Inc. (ARE)Updated: 2017-07-26
Shares of Alexandria Real Estate Equities Inc. (NYSE:ARE) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, ARE was issued an average rating of Overweight.
Of the 13 analysts covering the stock, 8 gave it a buy rating, 0 issued an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for ARE. The highest price target was 140, implying a possible profit of 15.88 percent. The lowest price target was 111, which equates to a potential downside of -8.12 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 12.45 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.17 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2.73 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 2 analysts decreased their estimates.
In the trailing 52-weeks, ARE hit 123.18 at the highest peak, while it's lowest trading point was 101.51. The current market price is above the trailing year's low by 19.01 percent, and 1.92 percent lower than its 52-week high. ARE has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The ARE value stock report compares ARE to some of its peers using value stock charts. The stock has a market capitalization of $10.94 billion. ARE is estimated to release their earnings results for the quarter on 0000-00-00, days from today.