Merrill Lynch analyst Merrill Lynch maintained a Sell rating on Stag Industrial (NYSE:STAG) on Monday, setting a price target of $30, which is approximately 4.06% below the present share price of $31.27.
expects Stag Industrial to post earnings per share (EPS) of $0.15 for the fourth quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Stag Industrial, with an average price target of $35.
The analysts price targets range from a high of $40 to a low of $30.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $117.3 million and a net profit of $33.02 million. The company's market cap is $4.67 billion.
According to TipRanks.com, Merrill Lynch analyst Merrill Lynch is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.1% and a 59.70% success rate.
STAG Industrial, Inc. is a real estate investment trust, which focuses on acquisition, ownership and operation of single-tenant, industrial properties throughout the United States. The company was founded by Benjamin S. Butcher on July 21, 2010 and is headquartered in Boston, MA.