Terreno Realty (NYSE:TRNO) has been assigned a $36.00 target price by research analysts at B. Riley in a research note issued on Monday. The brokerage presently has a “hold” rating on the real estate investment trust’s stock. B. Riley’s target price points to a potential upside of 9.72% from the stock’s current price.
TRNO has been the subject of several other reports. National Securities raised shares of Terreno Realty from a “neutral” rating to a “buy” rating and set a $45.00 target price for the company in a research note on Wednesday, November 22nd. Zacks Investment Research raised shares of Terreno Realty from a “hold” rating to a “buy” rating and set a $38.00 target price for the company in a research note on Thursday, January 11th. BidaskClub lowered shares of Terreno Realty from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 23rd. Robert W. Baird reissued a “hold” rating and set a $35.00 target price on shares of Terreno Realty in a research note on Tuesday, January 9th. Finally, DA Davidson restated a “buy” rating on shares of Terreno Realty in a report on Friday. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $38.09.
Terreno Realty (TRNO) traded down $0.05 during mid-day trading on Monday, reaching $32.81. 519,798 shares of the company traded hands, compared to its average volume of 303,276. Terreno Realty has a fifty-two week low of $26.48 and a fifty-two week high of $38.54. The firm has a market capitalization of $1,822.72, a price-to-earnings ratio of 29.87, a PEG ratio of 2.67 and a beta of 0.73. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 0.46.
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About Terreno Realty
Terreno Realty Corporation acquires, owns and operates industrial real estate in coastal markets in the United States, such as Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami and Washington, District of Columbia (DC)/Baltimore. The Company invests in a range of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development) and trans-shipment.
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