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Equities researchers at JMP Securities began coverage on shares of Alexandria Real Estate Equities (NYSE:ARE) in a research report issued on Monday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at ISI Group downgraded shares of Alexandria Real Estate Equities from a “buy” rating to a “neutral” rating in a research note to investors on Monday, January 27th. They now have a $65.00 price target on the stock. Analysts at Barclays cut their price target on shares of Alexandria Real Estate Equities from $80.00 to $75.00 in a research note to investors on Tuesday, December 3rd. They now have an “overweight” rating on the stock. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $71.80.

Shares of Alexandria Real Estate Equities (NYSE:ARE) opened at 70.13 on Monday. Alexandria Real Estate Equities has a 52 week low of $60.86 and a 52 week high of $78.43. The stock’s 50-day moving average is $65.30 and its 200-day moving average is $65.06. The company has a market cap of $5.023 billion and a P/E ratio of 49.01.

Alexandria Real Estate Equities, Inc is a real estate investment trust (NYSE:ARE).

The Fly On The Wall

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