Analyst Revises Rexford Industrial Realty, Inc. (NYSE:REXR) Stock Target


Rexford Industrial Realty, Inc. (NYSE:REXR) mean price target has been set at $21.830 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.220 in the near-term quarter and $0.870 for the ongoing fiscal. The market cap of Rexford Industrial Realty, Inc. was recorded at $1.25B after the stock closed at $22.615 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Rexford Industrial Realty, Inc. (NYSE:REXR) has a P/E ratio of 461.531. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Rexford Industrial Realty, Inc. (NYSE:REXR) PEG ratio sits at 3.680. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Rexford Industrial Realty, Inc. visibly illustrates that the 50-day MA of Rexford Industrial Realty, Inc. is $21.448, and stock is trading 1.167 or +5.443% distant from $21.448. The 200-day MA is $18.927, and this price is $3.688 or +19.486% off from current level. Rexford Industrial Realty, Inc. (NYSE:REXR) 52-week high is $22.970 and the 52-week low is $12.570. This represents that if the stock moves $-0.355 points up on the chart to make a 52-week high. But, if it declines $+79.912%, then the shares price can hit a new 52-week low.

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