Alexandria Real Estate Equities Inc (NYSE:ARE) price target raised to $133.00 by Barclays

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

Today, Barclays raised its price target on Alexandria Real Estate Equities Inc (NYSE:ARE) to $133.00 per share.

There are 0 sell ratings, 1 hold ratings, 6 buy ratings, 0 strong buy ratings on the stock.

The current consensus rating on Alexandria Real Estate Equities Inc (NYSE:ARE) is Buy with a consensus target price of $101.4814 per share, a potential 19.25% downside.

Some recent analyst ratings include

  • 2/12/2018-Royal Bank of Canada Reiterated Rating of Outperform.
  • 12/11/2017-Canaccord Genuity Reiterated Rating of Buy.
  • 12/4/2017-Bank of America Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 11/1/2017-Mizuho Reiterated Rating of Buy.
  • 10/23/2017-National Bank Financial was Downgraded by analysts at National Bank Financial from a “Outperform ” rating to a ” Sector Perform” rating. They now have a $18.00 price target on the stock, up previously from $20.00 .

Recent Insider Trading Activity For Alexandria Real Estate Equities Inc (NYSE:ARE)
Alexandria Real Estate Equities Inc (NYSE:ARE) has insider ownership of 1.41% and institutional ownership of 98.98%.

  • On 5/24/2018 Peter M Moglia, CEO, sold 4,917 with an average share price of $124.96 per share and the total transaction amounting to $614,428.32.
  • On 5/17/2018 Peter M Moglia, CEO, sold 5,000 with an average share price of $122.14 per share and the total transaction amounting to $610,700.00.
  • On 5/10/2018 Jennifer Banks, COO, sold 5,000 with an average share price of $130.00 per share and the total transaction amounting to $650,000.00.
  • On 5/10/2018 Joel S Marcus, Chairman, sold 13,000 with an average share price of $130.00 per share and the total transaction amounting to $1,690,000.00.
  • On 5/8/2018 Joel S Marcus, Insider, sold 20,000 with an average share price of $128.53 per share and the total transaction amounting to $2,570,600.00.
  • On 5/7/2018 Daniel J Ryan, Director, sold 7,500 with an average share price of $128.89 per share and the total transaction amounting to $966,675.00.
  • On 5/7/2018 Stephen Richardson, CEO, sold 10,000 with an average share price of $129.01 per share and the total transaction amounting to $1,290,100.00.

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 $17.9 billion and an asset base in North America of 30.2 million SF as of March 31, 2018. The asset base in North America includes 20.8 million RSF of operating properties and 3.5 million RSF of development and redevelopment of new Class A properties currently undergoing construction and pre-construction activities with target delivery dates ranging from 2018 through 2020. Additionally, the asset base in North America includes 5.9 million SF of intermediate-term and future development projects, including 3.6 million SF of intermediate-term 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 its 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 its 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. For additional information on Alexandria, please visit www.are.com.

Recent Trading Activity for Alexandria Real Estate Equities Inc (NYSE:ARE)
Shares of Alexandria Real Estate Equities Inc closed the previous trading session at 125.84 −1.12 0.88% with shares trading hands.