Analysts Offer Insights on Real Estate Companies: Mapletree Commercial (OtherMPCMF) and Extra Space Storage (EXR)
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Mapletree Commercial (MPCMF)
In a report released today, Geraldine Wong from DBS maintained a Buy rating on Mapletree Commercial, with a price target of S$1.50. The company's shares closed last Monday at $0.85.
According to TipRanks.com, Wong is a 3-star analyst with an average return of 2.4% and a 60.5% success rate. Wong covers the NA sector, focusing on stocks such as CDL Hospitality Trusts, Mapletree Logistics, and Frasers Centrepoint.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mapletree Commercial with a $1.17 average price target.
Extra Space Storage (EXR)
In a report released today, Juan C. Sanabria from BMO Capital maintained a Hold rating on Extra Space Storage, with a price target of $165.00. The company's shares closed last Wednesday at $149.34.
According to TipRanks.com, Sanabria is a 2-star analyst with an average return of 0.2% and a 46.5% success rate. Sanabria covers the NA sector, focusing on stocks such as SmartStop Self Storage REIT, Inc., National Storage Affiliates, and National Health Investors.
Extra Space Storage has an analyst consensus of Moderate Buy, with a price target consensus of $153.92, implying a 1.2% upside from current levels. In a report issued on July 23, Wells Fargo also maintained a Hold rating on the stock with a $160.00 price target.
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