Rexford Realty Receives a Buy from D.A. DavidsonBy Austin Angelo
According to TipRanks.com, Oxford is a 2-star analyst with an average return of 0.5% and a 35.7% success rate. Oxford covers the Financial sector, focusing on stocks such as National Storage Affiliates Trust, National Retail Properties, and Chambers Street Properties.
Rexford Realty has an analyst consensus of Moderate Buy, with a price target consensus of $22.
Rexford Realty’s market cap is currently $1.39B and has a P/E ratio of 81.95. The company has a book value ratio of 1.6627.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is neutral on the stock. Most recently, in June 2016, Howard Schwimmer, the Co-CEO, Co-President of REXR sold 11,900 shares for a total of $244,664.
Rexford Industrial Realty, Inc. operates as a self-administered and self-managed real estate investment trust. It engages in owning, operating and acquiring industrial properties in Southern California infill markets. The company targets both newer and older vintage properties, single and multi-tenant projects and invests in every category of industrial property including core, core plus, value add, and first mortgages tied to industrial property. Rexford Industrial Realty was founded on January 18, 2013 and is headquartered in Los Angeles, CA.