Alexandria Real Estate Equities Inc (NYSE:ARE) gets downgraded to Equal Weight by Barclays

ME Staff
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Analyst Ratings For Alexandria Real Estate Equities Inc (NYSE:ARE)

Today, Alexandria Real Estate Equities Inc (NYSE:ARE) stock was downgraded by Barclays from Overweight to Equal Weight.

There are 4 Buy Ratings, 3 Hold Ratings, 1 Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Alexandria Real Estate Equities Inc (NYSE:ARE) is Buy with a consensus target price of $104.00 per share, a potential 27.54% downside.

Some recent analyst ratings include

  • 4/4/2019-Alexandria Real Estate Equities Inc (NYSE:ARE) gets downgraded to Equal Weight by Barclays
  • 3/7/2019-Alexandria Real Estate Equities Inc (NYSE:ARE) had its Average rating reiterated by Canaccord Genuity with a $25.00 price target
  • 1/15/2019-Alexandria Real Estate Equities Inc (NYSE:ARE) had its Buy rating reiterated by CIBC with a $23.00 price target
  • 12/14/2018-Alexandria Real Estate Equities Inc (NYSE:ARE) gets upgraded to Top Pick by Royal Bank of Canada
  • 12/3/2018-Alexandria Real Estate Equities Inc (NYSE:ARE) gets upgraded to Buy by Citigroup with a price target of $144.00
  • On 3/28/2019 Richard Hunter Klein, Director, sold 1,103 with an average share price of $142.50 per share and the total transaction amounting to $157,177.50.
  • On 3/27/2019 Joel S Marcus, Chairman, sold 25,000 with an average share price of $142.39 per share and the total transaction amounting to $3,559,750.00.
  • On 3/27/2019 Lawrence J Diamond, COO, sold 1,000 with an average share price of $142.58 per share and the total transaction amounting to $142,580.00.
  • On 3/19/2019 Peter M Moglia, CEO, sold 3,000 with an average share price of $139.89 per share and the total transaction amounting to $419,670.00.
  • On 3/15/2019 Peter M Moglia, CEO, sold 3,721 with an average share price of $141.44 per share and the total transaction amounting to $526,298.24.
  • On 3/13/2019 James H Richardson, Director, sold 3,000 with an average share price of $141.46 per share and the total transaction amounting to $424,380.00.
  • On 2/22/2019 Daniel J Ryan, CIO, sold 7,000 with an average share price of $136.84 per share and the total transaction amounting to $957,880.00.

About Alexandria Real Estate Equities Inc (NYSE:ARE)
Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500 company, is an urban office real estate investment trust ("REIT") uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, with a total market capitalization of $18.4 billion and an asset base in North America of 33.1 million square feet ("SF") as of December 31, 2018. The asset base in North America includes 22.4 million RSF of operating properties and 3.9 million RSF of development and redevelopment of new Class A properties currently undergoing construction and pre-construction activities with target delivery dates ranging from 2019 through 2020. Additionally, the asset base in North America includes 6.8 million SF of intermediate-term and future development projects. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle Park. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science and technology campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science and technology companies through our venture capital arm. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.

Recent Trading Activity for Alexandria Real Estate Equities Inc (NYSE:ARE)
Shares of Alexandria Real Estate Equities Inc closed the previous trading session at 143,53 +0,42 0,29 % with shares trading hands.