Analysts Offer Insights on Real Estate Companies: Crown Castle (CCI) and Stockland (OtherSTKAF)

Analysts fell to the sidelines weighing in on Crown Castle (CCI – Research Report) and Stockland (STKAF – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Crown Castle (CCI)

In a report released yesterday, Jonathan Atkin from RBC Capital maintained a Hold rating on Crown Castle, with a price target of $100.00. The company’s shares closed last Friday at $96.07.

According to TipRanks.com, Atkin is a 5-star analyst with an average return of 11.2% and a 69.3% success rate. Atkin covers the Technology sector, focusing on stocks such as Nextdc Limited, Megaport Ltd., and GDS Holdings.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Crown Castle with a $112.00 average price target, representing a 16.3% upside. In a report issued on July 1, Goldman Sachs also initiated coverage with a Hold rating on the stock with a $104.00 price target.

See today’s best-performing stocks on TipRanks >>

Stockland (STKAF)

In a report issued on July 5, Tom Bodor from UBS maintained a Hold rating on Stockland, with a price target of A$4.58. The company’s shares closed last Thursday at $2.95.

According to TipRanks.com, Bodor is a 1-star analyst with an average return of -0.9% and a 36.1% success rate. Bodor covers the NA sector, focusing on stocks such as Shopping Centres Australasia Property Group RE Ltd., Charter Hall Group, and Rural Funds Group.

Currently, the analyst consensus on Stockland is a Moderate Buy with an average price target of $3.32.

Read More on CCI:

• Crown Castle Announces Second Quarter 2024 Earnings Conference Call Details
• Birkenstock upgraded, Charter initiated: Wall Street’s top analyst calls
• Crown Castle initiated with a Neutral at Goldman Sachs
• Crown Castle price target lowered to $103 from $109 at Deutsche Bank
• BMO wonders if Crown Castle changes make near-term sale less likely