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Rexford Industrial Realty Inc has a consensus price target of $56.29 based on the ratings of 14 analysts. The high is $84 issued by JP Morgan on December 20, 2021. The low is $45 issued by Wedbush on April 22, 2024. The 3 most-recent analyst ratings were released by Evercore ISI Group, Mizuho, and Evercore ISI Group on September 16, 2024, September 5, 2024, and August 28, 2024, respectively. With an average price target of $54.67 between Evercore ISI Group, Mizuho, and Evercore ISI Group, there's an implied 6.92% upside for Rexford Industrial Realty Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Rexford Industrial Realty (NYSE:REXR) was reported by Evercore ISI Group on September 16, 2024. The analyst firm set a price target for $58.00 expecting REXR to rise to within 12 months (a possible 13.44% upside). 25 analyst firms have reported ratings in the last year.
The latest analyst rating for Rexford Industrial Realty (NYSE:REXR) was provided by Evercore ISI Group, and Rexford Industrial Realty maintained their outperform rating.
The last upgrade for Rexford Industrial Realty Inc happened on November 8, 2023 when Scotiabank raised their price target to $55. Scotiabank previously had a sector perform for Rexford Industrial Realty Inc.
The last downgrade for Rexford Industrial Realty Inc happened on February 7, 2024 when JP Morgan changed their price target from N/A to $55 for Rexford Industrial Realty Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Rexford Industrial Realty, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Rexford Industrial Realty was filed on September 16, 2024 so you should expect the next rating to be made available sometime around September 16, 2025.
While ratings are subjective and will change, the latest Rexford Industrial Realty (REXR) rating was a maintained with a price target of $57.00 to $58.00. The current price Rexford Industrial Realty (REXR) is trading at is $51.13, which is out of the analyst’s predicted range.
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