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Brad Heffern

Brad Heffern Analyst Performance

Director, REIT Equity Research Analyst at Royal Bank Of Canada

Brad Heffern is a stock analyst at Royal Bank Of Canada focused in the real estate sector, covering 28 publicly traded companies. Over the past year, Brad Heffern has issued 73 stock ratings, including buy and hold recommendations. While full access to Brad Heffern's proprietary MarketBeat Analyst Ranking is reserved for MarketBeat All Access subscribers, the rating is updated daily to reflect the most recent analyst activity. This profile highlights Brad Heffern's coverage history, rating activity, and performance tendencies - helping individual investors make more informed trading decisions.

Analyst Rankings, Coverage, and Performance Statistics

Average Return
00.00% 12-Month ROI
Success Rate
00.00% Profitable Ratings
Total Ratings
153 Last 11 Years
Buy Recommendations
48.03% 73 Buy Ratings
Companies Covered
28 Unique Companies

Ratings Distribution

RatingPercentageCount
Strong Buy0.7%1 ratings
Buy47.4%72 ratings
Hold52.0%79 ratings
Sell0.0%0 ratings

Out of 152 total stock ratings issued by Brad Heffern at Royal Bank Of Canada, the majority (52.0%) have been Hold recommendations, followed by 47.4% Buy and 0.7% Strong Buy.

Exchange Coverage

ExchangePercentageCount
NYSE
96.4% of companies on NYSE
27 companies
NASDAQ
3.6% of companies on NASDAQ
1 company

Brad Heffern, an analyst at Royal Bank Of Canada, currently covers 28 companies listed on NYSE and NASDAQ, with the majority traded on NYSE.

Coverage Focus

Sector IconSectorPercentage
Real Estate
22 companies
78.6%
Energy
5 companies
17.9%
Miscellaneous
1 company
3.6%

Brad Heffern of Royal Bank Of Canada specializes in stock coverage within the Real Estate sector, with additional focus on Energy and companies.

Coverage Industries

IndustryPercentage
RESIDENTIAL REITS
12 companies
42.9%
SPECIALIZED REITS
5 companies
17.9%
OIL, GAS & CONSUMABLE FUELS
5 companies
17.9%
RETAIL REITS
4 companies
14.3%
Miscellaneous
1 company
3.6%
DIVERSIFIED REITS
1 company
3.6%

Brad Heffern's Ratings History at Royal Bank Of Canada

Recommendation ROI is the percentage between the price on the Report Date to the price 12 months after the report date.
Available with a MarketBeat All Access Subscription
12-Month ROIUpgrade to All Access to use the All ROI Filter
0 Results
CompanyReport DateActionReport Date Price12-Month
Price Target
Rating12-Month
Price & ROI
Details
American Homes 4 Rent stock logo
AMH
American Homes 4 Rent
11/6/2026Boost Price Target$32.68$36.00Outperform
NNN REIT, Inc. stock logo
NNN
NNN REIT
11/5/2026Boost Price Target$41.20$43.00Sector Perform
United Dominion Realty Trust, Inc. stock logo
UDR
United Dominion Realty Trust
11/4/2026Boost Price Target$37.03$38.00Sector Perform
Realty Income Corporation stock logo
O
Realty Income
11/3/2026Boost Price Target$57.15$61.00Outperform
Extra Space Storage Inc stock logo
EXR
Extra Space Storage
10/29/2026Lower Price Target$149.60$156.00Sector Perform
Essex Property Trust, Inc. stock logo
ESS
Essex Property Trust
10/29/2026Lower Price Target$265.68$297.00Outperform
Public Storage stock logo
PSA
Public Storage
10/28/2026Boost Price Target$314.08$323.00Sector Perform
Public Storage stock logo
PSA
Public Storage
10/20/2026Reiterated Rating$301.13$318.00Sector Perform
Mid-America Apartment Communities, Inc. stock logo
MAA
Mid-America Apartment Communities
10/13/2026Lower Price Target$116.14$127.00Sector Perform
Invitation Homes stock logo
INVH
Invitation Homes
10/13/2026Lower Price Target$26.52$29.00Sector Perform
Essex Property Trust, Inc. stock logo
ESS
Essex Property Trust
10/13/2026Lower Price Target$270.46$298.00Outperform
Equity Lifestyle Properties, Inc. stock logo
ELS
Equity Lifestyle Properties
10/13/2026Lower Price Target$59.09$68.00Outperform
Camden Property Trust stock logo
CPT
Camden Property Trust
10/13/2026Lower Price Target$97.45$101.00Sector Perform
American Homes 4 Rent stock logo
AMH
American Homes 4 Rent
10/13/2026Lower Price Target$30.64$35.00Outperform
VMRK
Vivmark Residential Common Shares of Beneficial Interest
10/13/2026Lower Price Target$61.12$67.00Sector Perform
United Dominion Realty Trust, Inc. stock logo
UDR
United Dominion Realty Trust
10/13/2026Lower Price Target$34.01$37.00Sector Perform
Sun Communities, Inc. stock logo
SUI
Sun Communities
10/13/2026Lower Price Target$113.52$140.00Outperform
Sun Communities, Inc. stock logo
SUI
Sun Communities
8/10/2026Downgrade$118.45Hold
Realty Income Corporation stock logo
O
Realty Income
8/7/2026Lower Price Target$62.52$70.00Outperform
NNN REIT, Inc. stock logo
NNN
NNN REIT
8/6/2026Boost Price Target$46.95$47.00Sector Perform
Independence Realty Trust, Inc. stock logo
IRT
Independence Realty Trust
8/5/2026Boost Price Target$17.01$19.00Outperform
Centerspace stock logo
CSR
Centerspace
8/5/2026Lower Price Target$54.56$64.00Outperform
CubeSmart stock logo
CUBE
CubeSmart
8/4/2026Reiterated Rating$41.79$47.00Outperform
American Homes 4 Rent stock logo
AMH
American Homes 4 Rent
8/3/2026Boost Price Target$34.21$37.00Outperform
Gaming and Leisure Properties, Inc. stock logo
GLPI
Gaming and Leisure Properties
8/3/2026Lower Price Target$44.41$52.00Outperform
Public Storage stock logo
PSA
Public Storage
7/31/2026Boost Price Target$322.14$318.00Sector Perform
Essex Property Trust, Inc. stock logo
ESS
Essex Property Trust
7/31/2026Boost Price Target$285.48$312.00Outperform
Extra Space Storage Inc stock logo
EXR
Extra Space Storage
7/30/2026Boost Price Target$148.31$157.00Sector Perform
W.P. Carey Inc. stock logo
WPC
W.P. Carey
7/30/2026Boost Price Target$73.19$77.00Sector Perform
Sun Communities, Inc. stock logo
SUI
Sun Communities
7/29/2026Boost Price Target$124.84$148.00Outperform
Getty Realty Corporation stock logo
GTY
Getty Realty
7/24/2026Boost Price Target$34.85$36.00Sector Perform
VICI Properties Inc. stock logo
VICI
VICI Properties
6/25/2026Initiated Coverage$26.78$29.00Sector Perform
VICI Properties Inc. stock logo
VICI
VICI Properties
6/25/2026Initiated Coverage$26.51$29.00Sector Perform
Equity Residential stock logo
EQR
Equity Residential
6/8/2026Downgrade$67.34$70.00Sector Perform
Centerspace stock logo
CSR
Centerspace
6/5/2026Lower Price Target$59.53$67.00Outperform
Sun Communities, Inc. stock logo
SUI
Sun Communities
6/5/2026Lower Price Target$124.03$149.00Outperform
American Homes 4 Rent stock logo
AMH
American Homes 4 Rent
5/8/2026Boost Price Target$32.27$35.00Outperform
Realty Income Corporation stock logo
O
Realty Income
5/7/2026Boost Price Target$61.82$71.00Outperform
Centerspace stock logo
CSR
Centerspace
5/6/2026Boost Price Target$66.56$71.00Outperform
United Dominion Realty Trust, Inc. stock logo
UDR
United Dominion Realty Trust
5/6/2026Boost Price Target$37.40$38.00Sector Perform
URGENT: If you own a home, please review the map below. (Ad)

More than 1,300 red dots are scattered across the country, and 2,800 more are already on the way. Jim Rickards urges homeowners to check the map and see whether one is near them. Families in Georgia have been forced to sell, entire Ohio neighborhoods are being torn down, and nearly 50,000 Lake Tahoe residents face losing power. Rickards advised the Pentagon and the U.S. intelligence community for decades. He says one man outside Washington can stop it.tc pixel

See the map and get the full details on what this means for you
Camden Property Trust stock logo
CPT
Camden Property Trust
5/4/2026Boost Price Target$105.73$105.00Sector Perform
CubeSmart stock logo
CUBE
CubeSmart
5/4/2026Reiterated Rating$39.54$46.00Outperform
NNN REIT, Inc. stock logo
NNN
NNN REIT
5/1/2026Boost Price Target$43.68$44.00Sector Perform
Invitation Homes stock logo
INVH
Invitation Homes
5/1/2026Boost Price Target$28.43$30.00Sector Perform
Equity Residential stock logo
EQR
Equity Residential
4/30/2026Boost Price Target$65.55$69.00Outperform
Essex Property Trust, Inc. stock logo
ESS
Essex Property Trust
4/30/2026Boost Price Target$263.61$288.00Outperform
W.P. Carey Inc. stock logo
WPC
W.P. Carey
4/30/2026Boost Price Target$73.05$73.00Sector Perform
Public Storage stock logo
PSA
Public Storage
4/29/2026Boost Price Target$298.16$305.00Sector Perform
Sun Communities, Inc. stock logo
SUI
Sun Communities
4/29/2026Boost Price Target$128.47$151.00Outperform
AvalonBay Communities, Inc. stock logo
AVB
AvalonBay Communities
4/29/2026Boost Price Target$184.86$188.00Sector Perform
Agree Realty Corporation stock logo
ADC
Agree Realty
4/22/2026Boost Price Target$76.84$82.00Outperform
CubeSmart stock logo
CUBE
CubeSmart
3/2/2026Boost Price Target$41.27$46.00Outperform
Realty Income Corporation stock logo
O
Realty Income
2/25/2026Boost Price Target$66.46$70.00Outperform
Extra Space Storage Inc stock logo
EXR
Extra Space Storage
2/23/2026Boost Price Target$153.07$153.00Sector Perform
American Homes 4 Rent stock logo
AMH
American Homes 4 Rent
2/23/2026Lower Price Target$29.37$35.00Outperform
Gaming and Leisure Properties, Inc. stock logo
GLPI
Gaming and Leisure Properties
2/23/2026Boost Price Target$47.67$54.00Outperform
Invitation Homes stock logo
INVH
Invitation Homes
2/20/2026Lower Price Target$25.81$29.00Sector Perform
Centerspace stock logo
CSR
Centerspace
2/19/2026Boost Price Target$62.23$72.00Outperform
Getty Realty Corporation stock logo
GTY
Getty Realty
2/17/2026Boost Price Target$33.53$33.00Sector Perform
Agree Realty Corporation stock logo
ADC
Agree Realty
2/12/2026Boost Price Target$76.35$81.00Outperform
W.P. Carey Inc. stock logo
WPC
W.P. Carey
2/12/2026Boost Price Target$72.33$72.00Sector Perform
United Dominion Realty Trust, Inc. stock logo
UDR
United Dominion Realty Trust
2/10/2026Boost Price Target$39.36$39.00Sector Perform
Camden Property Trust stock logo
CPT
Camden Property Trust
2/10/2026Lower Price Target$109.37$108.00Sector Perform
AvalonBay Communities, Inc. stock logo
AVB
AvalonBay Communities
2/6/2026Lower Price Target$170.58$187.00Sector Perform
Mid-America Apartment Communities, Inc. stock logo
MAA
Mid-America Apartment Communities
2/6/2026Lower Price Target$130.15$136.00Sector Perform
Equity Lifestyle Properties, Inc. stock logo
ELS
Equity Lifestyle Properties
1/30/2026Reiterated Rating$62.59$70.00Outperform
Equity Residential stock logo
EQR
Equity Residential
1/15/2026Lower Price Target$61.14$68.00Outperform
W.P. Carey Inc. stock logo
WPC
W.P. Carey
1/7/2026Boost Price Target$66.37$70.00Sector Perform
Agree Realty Corporation stock logo
ADC
Agree Realty
1/6/2026Lower Price Target$70.37$79.00Outperform
CubeSmart stock logo
CUBE
CubeSmart
12/8/2025Reiterated Rating$36.68Outperform
Equity Lifestyle Properties, Inc. stock logo
ELS
Equity Lifestyle Properties
12/8/2025Upgrade$61.66$70.00Outperform
W.P. Carey Inc. stock logo
WPC
W.P. Carey
12/8/2025Reiterated Rating$66.36$69.00Sector Perform
W.P. Carey Inc. stock logo
WPC
W.P. Carey
12/8/2025Downgrade$65.17$69.00Sector Perform
Camden Property Trust stock logo
CPT
Camden Property Trust
11/10/2025Lower Price Target$102.09$110.00Sector Perform
Extra Space Storage Inc stock logo
EXR
Extra Space Storage
11/7/2025Lower Price Target$132.27$146.00Sector Perform
Sun Communities, Inc. stock logo
SUI
Sun Communities
11/6/2025Boost Price Target$125.24$143.00Outperform
United Dominion Realty Trust, Inc. stock logo
UDR
United Dominion Realty Trust
11/4/2025Lower Price Target$33.64$38.00Sector Perform
Realty Income Corporation stock logo
O
Realty Income
11/4/2025Boost Price Target$56.06$61.00Outperform
AvalonBay Communities, Inc. stock logo
AVB
AvalonBay Communities
11/4/2025Lower Price Target$173.98$197.00Sector Perform
CubeSmart stock logo
CUBE
CubeSmart
11/3/2025Lower Price Target$37.68$46.00Outperform
Mid-America Apartment Communities, Inc. stock logo
MAA
Mid-America Apartment Communities
10/31/2025Lower Price Target$129.31$141.00Sector Perform
Invitation Homes stock logo
INVH
Invitation Homes
10/31/2025Lower Price Target$28.02$32.00Sector Perform
Public Storage stock logo
PSA
Public Storage
10/31/2025Lower Price Target$276.15$307.00Sector Perform
W.P. Carey Inc. stock logo
WPC
W.P. Carey
10/30/2025Boost Price Target$65.74$69.00Outperform
Equity Residential stock logo
EQR
Equity Residential
10/30/2025Lower Price Target$59.78$70.00Outperform
Agree Realty Corporation stock logo
ADC
Agree Realty
10/23/2025Boost Price Target$75.08$80.00Outperform
Extra Space Storage Inc stock logo
EXR
Extra Space Storage
8/4/2025Lower Price Target$139.36$148.00Sector Perform
CubeSmart stock logo
CUBE
CubeSmart
8/4/2025Lower Price Target$39.87$47.00Outperform
Camden Property Trust stock logo
CPT
Camden Property Trust
8/4/2025Lower Price Target$107.11$118.00Sector Perform
AvalonBay Communities, Inc. stock logo
AVB
AvalonBay Communities
8/1/2025Lower Price Target$181.42$211.00Sector Perform
URGENT: If you own a home, please review the map below. (Ad)

More than 1,300 red dots are scattered across the country, and 2,800 more are already on the way. Jim Rickards urges homeowners to check the map and see whether one is near them. Families in Georgia have been forced to sell, entire Ohio neighborhoods are being torn down, and nearly 50,000 Lake Tahoe residents face losing power. Rickards advised the Pentagon and the U.S. intelligence community for decades. He says one man outside Washington can stop it.tc pixel

See the map and get the full details on what this means for you
Sun Communities, Inc. stock logo
SUI
Sun Communities
8/1/2025Lower Price Target$124.56$143.00Outperform
Public Storage stock logo
PSA
Public Storage
8/1/2025Lower Price Target$277.61$309.00Sector Perform
Mid-America Apartment Communities, Inc. stock logo
MAA
Mid-America Apartment Communities
8/1/2025Lower Price Target$141.47$155.00Sector Perform
Invitation Homes stock logo
INVH
Invitation Homes
8/1/2025Lower Price Target$30.38$34.00Sector Perform
Essex Property Trust, Inc. stock logo
ESS
Essex Property Trust
7/31/2025Boost Price Target$263.51$307.00Outperform
W.P. Carey Inc. stock logo
WPC
W.P. Carey
7/31/2025Boost Price Target$64.29$67.00Outperform
Gaming and Leisure Properties, Inc. stock logo
GLPI
Gaming and Leisure Properties
7/28/2025Lower Price Target$46.23$53.00Outperform
Equity Lifestyle Properties, Inc. stock logo
ELS
Equity Lifestyle Properties
7/23/2025Lower Price Target$61.33$66.00Sector Perform
AvalonBay Communities, Inc. stock logo
AVB
AvalonBay Communities
5/8/2025Lower Price Target$206.28$220.00Sector Perform
United Dominion Realty Trust, Inc. stock logo
UDR
United Dominion Realty Trust
5/8/2025Boost Price Target$42.11$44.00Sector Perform
Sun Communities, Inc. stock logo
SUI
Sun Communities
5/7/2025Lower Price Target$124.01$147.00Outperform
Centerspace stock logo
CSR
Centerspace
5/5/2025Boost Price Target$60.89$72.00Outperform
American Homes 4 Rent stock logo
AMH
American Homes 4 Rent
5/5/2025Boost Price Target$39.09$41.00Outperform
Public Storage stock logo
PSA
Public Storage
5/2/2025Lower Price Target$300.78$328.00Sector Perform
Invitation Homes stock logo
INVH
Invitation Homes
5/2/2025Boost Price Target$35.49$36.00Sector Perform
Extra Space Storage Inc stock logo
EXR
Extra Space Storage
5/1/2025Lower Price Target$148.31$160.00Sector Perform
Essex Property Trust, Inc. stock logo
ESS
Essex Property Trust
5/1/2025Lower Price Target$282.67$309.00Outperform
Equity Residential stock logo
EQR
Equity Residential
5/1/2025Boost Price Target$70.56$76.00Outperform
Gaming and Leisure Properties, Inc. stock logo
GLPI
Gaming and Leisure Properties
4/28/2025Lower Price Target$47.17$54.00Outperform
CubeSmart stock logo
CUBE
CubeSmart
3/3/2025Lower Price Target$42.23$48.00Outperform
Extra Space Storage Inc stock logo
EXR
Extra Space Storage
2/27/2025Lower Price Target$153.52$163.00Sector Perform
Realty Income Corporation stock logo
O
Realty Income
2/26/2025Lower Price Target$56.45$60.00Outperform
Public Storage stock logo
PSA
Public Storage
2/26/2025Lower Price Target$304.14$329.00Sector Perform
Gaming and Leisure Properties, Inc. stock logo
GLPI
Gaming and Leisure Properties
2/24/2025Lower Price Target$49.41$56.00Outperform
American Homes 4 Rent stock logo
AMH
American Homes 4 Rent
2/24/2025Lower Price Target$35.17$39.00Outperform
Centerspace stock logo
CSR
Centerspace
2/20/2025Boost Price Target$64.01$73.00Outperform
Agree Realty Corporation stock logo
ADC
Agree Realty
2/13/2025Lower Price Target$71.00$78.00Outperform
W.P. Carey Inc. stock logo
WPC
W.P. Carey
2/13/2025Boost Price Target$58.30$62.00Outperform
NNN REIT, Inc. stock logo
NNN
NNN REIT
2/12/2025Lower Price Target$39.65$43.00Sector Perform
Camden Property Trust stock logo
CPT
Camden Property Trust
2/10/2025Boost Price Target$118.57$123.00Sector Perform
AvalonBay Communities, Inc. stock logo
AVB
AvalonBay Communities
2/7/2025Boost Price Target$220.22$229.00Sector Perform
United Dominion Realty Trust, Inc. stock logo
UDR
United Dominion Realty Trust
2/7/2025Boost Price Target$42.99$44.00Sector Perform
Mid-America Apartment Communities, Inc. stock logo
MAA
Mid-America Apartment Communities
2/7/2025Boost Price Target$158.29$161.00Sector Perform
Essex Property Trust, Inc. stock logo
ESS
Essex Property Trust
2/6/2025Boost Price Target$297.93$315.00Outperform
Equity Lifestyle Properties, Inc. stock logo
ELS
Equity Lifestyle Properties
1/29/2025Lower Price Target$65.92$68.00Sector Perform
Agree Realty Corporation stock logo
ADC
Agree Realty
1/28/2025Reiterated Rating$73.94$79.00Outperform
Realty Income Corporation stock logo
O
Realty Income
1/27/2025Reiterated Rating$55.65$62.00Outperform
Camden Property Trust stock logo
CPT
Camden Property Trust
1/22/2025Reiterated Rating$111.18$121.00Sector Perform