RBC Capital analyst Michael Carroll maintained a Buy rating on Stag Industrial (NYSE:STAG) on Friday, setting a price target of $42, which is approximately 17.61% above the present share price of $35.71.
Carroll expects Stag Industrial to post earnings per share (EPS) of $0.13 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Stag Industrial, with an average price target of $37.58.
The analysts price targets range from a high of $42 to a low of $35.5.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $134 million and a net profit of $35.8 million. The company's market cap is $5.7 billion.
According to TipRanks.com, RBC Capital analyst Michael Carroll is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 10.8% and a 74.61% 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.