Alexandria Real Estate Equities (ARE) Scheduled to Post Earnings on Tuesday
Alexandria Real Estate Equities (NYSE:ARE) is set to release its Q313 earnings data on Tuesday, October 29th. Analysts expect Alexandria Real Estate Equities to post earnings of $1.04 per share and revenue of $160.64 million for the quarter.
Shares of Alexandria Real Estate Equities (NYSE:ARE) opened at 67.85 on Monday. Alexandria Real Estate Equities has a one year low of $60.91 and a one year high of $78.43. The stock’s 50-day moving average is $64.61 and its 200-day moving average is $69.06. The company has a market cap of $4.847 billion and a price-to-earnings ratio of 54.50.
ARE has been the subject of a number of recent research reports. Analysts at Cowen and Company cut their price target on shares of Alexandria Real Estate Equities from $85.00 to $72.00 in a research note to investors on Thursday, September 12th. They now have an “outperform” rating on the stock. Analysts at TheStreet upgraded shares of Alexandria Real Estate Equities to a “buy” rating in a research note to investors on Thursday, August 1st. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $73.60.
Alexandria Real Estate Equities, Inc is a real estate investment trust (NYSE:ARE).
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