S&P 500 Analysts · Published
Alexandria Real Estate Equities: median target cut to $49.50
Analysts lowered their median price target for Alexandria Real Estate Equities to $49.50 from $52.50, while keeping the consensus recommendation at hold. The new target implies 12.9% upside from the company’s price of $43.84.
- −1.04%
- Change
- Hold
- Consensus
- $49.50
- Median price target (before: $52.50)
- +12.9%
- Upside
The target reduction was 5.71%, according to the data. The recommendation mix shifted, with sell ratings increasing from four to five and hold ratings declining from 10 to nine; buy ratings remained at two. The overall consensus remained hold.
Alexandria Real Estate Equities shares were down 1.04% on Saturday. The analysts’ revised median target is a forecast, not a company-issued figure. The data records the change in target and recommendation distribution but does not give a reason for the lower target.