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.
A number of analysts gave price targets for ARE. The most optimistic analyst gave a price target of 140, implying a possible profit of 15.88 percent. The minimum price target given was 111, implying potential capital losses of -8.12 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 12.45 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.17 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.73 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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 last 52-weeks, ARE has achieved a high of 123.18 and a low of 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 P/E 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 market cap of ARE is $10.94 billion. ARE will post this quarters earnings in days, on 0000-00-00.