Wells Fargo (NYSE:WFC) analyst Wells Fargo maintained a Buy rating on Stag Industrial (NYSE:STAG) on Wednesday, setting a price target of $37, which is approximately 11.55% above the present share price of $33.17.
expects Stag Industrial to post earnings per share (EPS) of $0.42 for the third quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in Stag Industrial, with an average price target of $34.67.
The analysts price targets range from a high of $37 to a low of $32.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $118.55 million and a net profit of $33.54 million. The company's market cap is $4.96 billion.
According to TipRanks.com, Wells Fargo analyst Wells Fargo is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.3% and a 62.34% 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.