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, which equates to a potential upside of 15.88 percent. The lowest price target was 111, implying potential capital losses of -8.12 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 12.45 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.17 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.73 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
ARE has a 52-week high of 123.18 and a 52-week low of 101.51. Currently the stock is 19.01 percent higher than its low, and 1.92 percent below the 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.