15 REITs That Wall Street Analysts Love in Today's Market

Tue., September 26th, 2023 | MarketBeat Staff

There are more than 200 publicly-traded real-estate investment trusts (REITs) that you can buy through your brokerage account. Given the sheer number of REITs, it can be hard to identify which real-estate stocks are going to outperform the market.

Fortunately, Wall Street's brightest minds have already done this for us. Every year, analysts issue approximately 4,000 distinct recommendations for REITs. Analysts don't always get their "buy" ratings right, but it's worth taking a hard look when several analysts from different brokerages and research firms are giving "strong buy" and "buy" ratings to the same REIT.

This slide show lists the 15 REITs that have the highest average analyst recommendations from Wall Street's equities research analysts over the last 12 months.

#1 - Gaming and Leisure Properties (NASDAQ:GLPI)

Consensus Rating: Moderate Buy
Rating Score: 2.8
Ratings Breakdown: 9 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $55.27 (22.1% Upside)

About Gaming and Leisure Properties

GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
9/20/2023	Wells Fargo & Company	Initiated Coverage	Equal Weight	$50.00
8/31/2023	JMP Securities	Reiterated Rating	Market Outperform ➝ Market Outperform	$57.00
8/30/2023	Royal Bank of Canada	Reiterated Rating	Outperform ➝ Outperform	$54.00
8/29/2023	UBS Group	Boost Price Target	Buy ➝ Buy	$55.00 ➝ $56.00
8/10/2023	Mizuho	Lower Price Target		$53.00 ➝ $50.00
8/1/2023	Royal Bank of Canada	Reiterated Rating	Outperform ➝ Outperform	$54.00
7/5/2023	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$60.00 ➝ $52.00
6/14/2023	BNP Paribas	Initiated Coverage	Outperform	$63.00
4/6/2023	Raymond James	Boost Price Target	Outperform	$55.00 ➝ $57.00
3/21/2023	JMP Securities	Reiterated Rating	Market Outperform	$57.00

#2 - CBRE Group (NYSE:CBRE)

Consensus Rating: Moderate Buy
Rating Score: 2.8
Ratings Breakdown: 4 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $92.67 (25.8% Upside)

About CBRE Group

CBRE Group, Inc operates as a commercial real estate services and investment company worldwide. It operates through three segments: Advisory Services, Global Workplace Solutions, and Real Estate Investments segments. The Advisory Services segment provides strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing of offices; industrial and retail space; property sales and mortgage services under the CBRE Capital Markets brand; property and project management services, including construction management, marketing, building engineering, lease administration, accounting, and financial services for owners of and investors in office, industrial, and retail properties; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, and environmental consulting. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
9/18/2023	Citigroup	Reiterated Rating	Buy ➝ Buy	$98.00
9/11/2023	Evercore ISI	Lower Price Target	Outperform ➝ Outperform	$94.00 ➝ $91.00
7/28/2023	Raymond James	Lower Price Target	Strong-Buy	$102.00 ➝ $100.00
7/24/2023	Raymond James	Boost Price Target	Strong-Buy	$101.00 ➝ $102.00
6/23/2023	Evercore ISI	Lower Price Target		$85.00 ➝ $84.00
4/10/2023	The Goldman Sachs Group	Lower Price Target	Buy	$103.00 ➝ $90.00
3/28/2023	Citigroup	Lower Price Target	Buy	$100.00 ➝ $80.00
3/3/2023	JPMorgan Chase & Co.	Boost Price Target	Neutral	$80.00 ➝ $89.00
1/27/2023	Citigroup	Initiated Coverage	Buy	$100.00
1/26/2023	Keefe, Bruyette & Woods	Downgrade	Outperform ➝ Market Perform	$88.00

#3 - VICI Properties (NYSE:VICI)

Consensus Rating: Moderate Buy
Rating Score: 2.8
Ratings Breakdown: 8 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $36.18 (24.0% Upside)

About VICI Properties

VICI Properties Inc is an S&P 500 experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
9/20/2023	Wells Fargo & Company	Initiated Coverage	Overweight	$36.00
9/15/2023	JMP Securities	Reiterated Rating	Market Outperform ➝ Market Outperform	$38.00
8/1/2023	Morgan Stanley	Reiterated Rating	Equal Weight ➝ Equal Weight	$32.00
7/5/2023	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$39.00 ➝ $34.00
6/14/2023	BNP Paribas	Initiated Coverage	Outperform	$41.00
5/1/2023	LADENBURG THALM/SH SH	Boost Price Target		$34.50 ➝ $37.00
4/6/2023	Raymond James	Boost Price Target	Outperform	$36.00 ➝ $37.00
4/5/2023	Mizuho	Initiated Coverage	Buy	$35.00
3/22/2023	Wolfe Research	Lower Price Target	Outperform	$46.00 ➝ $37.00
3/21/2023	JMP Securities	Reiterated Rating	Market Outperform	$38.00

#4 - Americold Realty Trust (NYSE:COLD)

Consensus Rating: Moderate Buy
Rating Score: 2.6
Ratings Breakdown: 5 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $34.79 (13.7% Upside)

About Americold Realty Trust

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 242 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
8/25/2023	Barclays	Boost Price Target	Equal Weight ➝ Equal Weight	$32.00 ➝ $33.00
8/7/2023	Evercore ISI	Boost Price Target	Outperform ➝ Outperform	$35.00 ➝ $37.00
5/8/2023	Royal Bank of Canada	Upgrade	Sector Perform ➝ Outperform	$33.00 ➝ $36.00
4/5/2023	JPMorgan Chase & Co.	Boost Price Target	Neutral	$31.00 ➝ $32.00
3/23/2023	Barclays	Upgrade	Underweight ➝ Equal Weight	$30.00 ➝ $32.00
2/27/2023	Barclays	Boost Price Target	Underweight	$28.00 ➝ $30.00
1/17/2023	Truist Financial	Downgrade	Buy ➝ Hold	$34.00
12/14/2022	Exane BNP Paribas	Initiated Coverage	Outperform
12/14/2022	BNP Paribas	Initiated Coverage	Outperform	$38.00
11/14/2022	Bank of America	Upgrade	Neutral ➝ Buy	$27.50 ➝ $33.50

#5 - Lamar Advertising (NASDAQ:LAMR)

Consensus Rating: Hold
Rating Score: 2.3
Ratings Breakdown: 1 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $108.67 (31.2% Upside)

About Lamar Advertising

Lamar Advertising Company operates as an outdoor advertising company in North America. It operates approximately 363,000 displays across the United States and Canada. It offers advertisers a range of billboard, interstate logo, transit, and airport advertising formats helping local businesses and national brands. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
8/7/2023	Morgan Stanley	Lower Price Target	Equal Weight ➝ Equal Weight	$108.00 ➝ $100.00
3/1/2023	Citigroup	Boost Price Target	Buy	$108.00 ➝ $116.00
2/27/2023	JPMorgan Chase & Co.	Boost Price Target	Neutral	$100.00 ➝ $110.00
8/4/2022	Morgan Stanley	Boost Price Target	Equal Weight	$103.00 ➝ $110.00
7/7/2022	Citigroup	Upgrade	Neutral ➝ Buy	$112.00 ➝ $108.00
6/10/2022	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$135.00 ➝ $103.00
3/29/2022	Wolfe Research	Initiated Coverage	Market Perform	$131.00
2/28/2022	Morgan Stanley	Lower Price Target	Overweight	$138.00 ➝ $135.00
6/11/2021	Morgan Stanley	Boost Price Target	Overweight	$115.00 ➝ $125.00
4/30/2021	Morgan Stanley	Boost Price Target	Overweight	$105.00 ➝ $115.00

#6 - SBA Communications (NASDAQ:SBAC)

Consensus Rating: Moderate Buy
Rating Score: 2.9
Ratings Breakdown: 16 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $301.22 (50.5% Upside)

About SBA Communications

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites in 16 markets throughout the Americas, Africa and the Philippines, SBA is listed on NASDAQ under the symbol SBAC. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
9/11/2023	Morgan Stanley	Boost Price Target	Overweight ➝ Overweight	$308.00 ➝ $311.00
8/22/2023	Raymond James	Lower Price Target	Strong-Buy ➝ Strong-Buy	$297.00 ➝ $285.00
8/14/2023	Royal Bank of Canada	Lower Price Target	Outperform ➝ Outperform	$276.00 ➝ $265.00
8/10/2023	Bank of America	Downgrade	Buy ➝ Neutral	$245.00
8/2/2023	Citigroup	Lower Price Target	Buy ➝ Buy	$295.00 ➝ $260.00
8/1/2023	TD Cowen	Lower Price Target	Outperform ➝ Outperform	$329.00 ➝ $327.00
8/1/2023	UBS Group	Lower Price Target	Buy ➝ Buy	$335.00 ➝ $315.00
8/1/2023	Raymond James	Lower Price Target	Strong-Buy ➝ Strong-Buy	$330.00 ➝ $297.00
8/1/2023	BMO Capital Markets	Lower Price Target	Market Perform ➝ Market Perform	$260.00 ➝ $250.00
8/1/2023	Barclays	Lower Price Target	Overweight ➝ Overweight	$306.00 ➝ $296.00

#7 - CubeSmart (NYSE:CUBE)

Consensus Rating: Hold
Rating Score: 2.4
Ratings Breakdown: 4 Buy Ratings, 5 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $47.00 (22.2% Upside)

About CubeSmart

CubeSmart is a self-administered and self-managed real estate investment trust. The Company's self-storage properties are designed to offer affordable, easily accessible and, in most locations, climate-controlled storage space for residential and commercial customers. According to the 2023 Self-Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the United States.

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
9/13/2023	Stifel Nicolaus	Reiterated Rating	Buy ➝ Buy	$50.00
8/31/2023	Raymond James	Lower Price Target	Outperform ➝ Outperform	$53.00 ➝ $50.00
8/29/2023	Truist Financial	Lower Price Target	Hold ➝ Hold	$47.00 ➝ $45.00
8/24/2023	Citigroup	Lower Price Target	Neutral ➝ Neutral	$47.00 ➝ $45.00
8/7/2023	Wells Fargo & Company	Lower Price Target	Overweight ➝ Overweight	$50.00 ➝ $46.00
6/15/2023	Wells Fargo & Company	Initiated Coverage	Overweight	$50.00
6/13/2023	JPMorgan Chase & Co.	Lower Price Target		$50.00 ➝ $48.00
4/20/2023	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform	$54.00 ➝ $52.00
4/12/2023	Wolfe Research	Downgrade	Outperform ➝ Peer Perform
4/4/2023	Raymond James	Downgrade	Strong-Buy ➝ Outperform	$55.00

#8 - NNN REIT (NYSE:NNN)

Consensus Rating: Hold
Rating Score: 2.4
Ratings Breakdown: 5 Buy Ratings, 4 Hold Ratings, 1 Sell Ratings.
Consensus Price Target: $46.30 (31.8% Upside)

About NNN REIT

NNN REIT invests primarily in high-quality retail properties subject generally to long-term, net leases. As of June 30, 2023, the company owned 3,479 properties in 49 states with a gross leasable area of approximately 35.5 million square feet and with a weighted average remaining lease term of 10.2 years. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
9/20/2023	Wells Fargo & Company	Initiated Coverage	Equal Weight	$40.00
8/8/2023	Oppenheimer	Lower Price Target	Outperform ➝ Outperform	$54.00 ➝ $49.00
8/8/2023	B. Riley	Lower Price Target		$50.00 ➝ $46.00
8/3/2023	Royal Bank of Canada	Lower Price Target	Sector Perform ➝ Sector Perform	$46.00 ➝ $45.00
6/28/2023	Janney Montgomery Scott	Upgrade	Neutral ➝ Buy	$48.00
6/14/2023	BNP Paribas	Initiated Coverage	Underperform	$42.00
5/3/2023	B. Riley	Lower Price Target		$53.00 ➝ $50.00
4/6/2023	Raymond James	Lower Price Target	Outperform	$50.00 ➝ $47.00
2/16/2023	Citigroup	Boost Price Target	Neutral	$45.00 ➝ $48.00
2/13/2023	B. Riley	Reiterated Rating	Buy

#9 - Canadian Apartment Properties REIT (TSE:CAR.UN)

Consensus Rating: Buy
Rating Score: 3.0
Ratings Breakdown: 6 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: C$57.40 (26.3% Upside)

About Canadian Apartment Properties REIT

CAPREIT owns interests in multi-unit residential rental properties, including apartments, townhomes and manufactured home communities (MHC) primarily located in and near major urban centres across Canada. As at March 31, 2019, CAPREIT had owning interests in 53,143 residential units, comprised of 45,446 residential suites and 45 MHC, comprising 7,697 land lease sites.

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
8/21/2023	Cormark	Boost Price Target	Buy	C$55.00 ➝ C$56.00
8/8/2023	Desjardins	Lower Price Target	Buy	C$59.00 ➝ C$58.00
8/8/2023	Royal Bank of Canada	Boost Price Target	Outperform	C$60.00 ➝ C$61.00
8/8/2023	Raymond James	Lower Price Target	Outperform	C$61.00 ➝ C$59.50
7/18/2023	National Bankshares	Lower Price Target		C$59.00 ➝ C$58.00
7/17/2023	Raymond James	Downgrade	Strong-Buy ➝ Outperform	C$60.00 ➝ C$61.00
7/5/2023	TD Securities	Lower Price Target		C$63.00 ➝ C$62.00
5/16/2023	TD Securities	Boost Price Target	Action List Buy	C$61.00 ➝ C$63.00
5/16/2023	Canaccord Genuity Group	Boost Price Target		C$54.50 ➝ C$55.50
5/16/2023	CIBC	Boost Price Target		C$53.00 ➝ C$55.00

#10 - Jones Lang LaSalle (NYSE:JLL)

Consensus Rating: Hold
Rating Score: 2.4
Ratings Breakdown: 3 Buy Ratings, 1 Hold Ratings, 1 Sell Ratings.
Consensus Price Target: $193.20 (37.0% Upside)

About Jones Lang LaSalle

Jones Lang LaSalle Incorporated, a professional services company, provides real estate and investment management services in Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a range of real estate services, including agency leasing, tenant representation, property management, advisory, and consulting services; and capital market services, such as equity and debt advisory, loan sales, equity advisory, loan servicing, merger and acquisition, corporate advisory, and investment sales and advisory services. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
9/18/2023	Citigroup	Reiterated Rating	Neutral ➝ Neutral	$178.00
7/24/2023	Raymond James	Lower Price Target	Outperform	$239.00 ➝ $222.00
4/10/2023	The Goldman Sachs Group	Lower Price Target	Sell	$193.00 ➝ $133.00
3/28/2023	Citigroup	Lower Price Target	Neutral	$200.00 ➝ $155.00
3/15/2023	Wolfe Research	Upgrade	Peer Perform ➝ Outperform	$218.00
3/3/2023	JPMorgan Chase & Co.	Boost Price Target	Overweight	$214.00 ➝ $215.00
1/31/2023	Wolfe Research	Downgrade	Outperform ➝ Peer Perform
1/27/2023	Citigroup	Initiated Coverage	Neutral	$200.00
1/20/2023	Raymond James	Lower Price Target	Outperform	$243.00 ➝ $239.00
11/3/2022	Raymond James	Lower Price Target	Outperform	$267.00 ➝ $243.00

#11 - Prologis (NYSE:PLD)

Consensus Rating: Moderate Buy
Rating Score: 2.9
Ratings Breakdown: 17 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $140.65 (26.2% Upside)

About Prologis

Prologis, Inc is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. At June 30, 2023, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 1.2 billion square feet (114 million square meters) in 19 countries. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
9/13/2023	Mizuho	Reiterated Rating	Buy ➝ Buy	$140.00
7/20/2023	Morgan Stanley	Reiterated Rating	Overweight ➝ Overweight	$128.00
7/20/2023	BNP Paribas	Upgrade	Neutral ➝ Outperform	$141.00
7/19/2023	BTIG Research	Boost Price Target		$152.00 ➝ $154.00
6/28/2023	888	Reiterated Rating	Maintains
6/28/2023	Barclays	Lower Price Target		$160.00 ➝ $159.00
6/27/2023	Truist Financial	Lower Price Target		$140.00 ➝ $135.00
4/20/2023	Robert W. Baird	Boost Price Target	Neutral	$125.00 ➝ $133.00
4/19/2023	The Goldman Sachs Group	Boost Price Target	Buy	$157.00 ➝ $170.00
4/19/2023	UBS Group	Boost Price Target	Buy	$141.00 ➝ $144.00

#12 - STAG Industrial (NYSE:STAG)

Consensus Rating: Moderate Buy
Rating Score: 2.6
Ratings Breakdown: 4 Buy Ratings, 3 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $38.43 (12.7% Upside)

About STAG Industrial

We are a REIT focused on the acquisition, ownership and operation of industrial properties throughout the United States. We seek to (i) identify properties for acquisition that offer relative value across all locations, industrial property types, and tenants through the principled application of our proprietary risk assessment model, (ii) operate our properties in an efficient, cost-effective manner, and (iii) capitalize our business appropriately given the characteristics of our assets. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
8/17/2023	Royal Bank of Canada	Reiterated Rating	Outperform ➝ Outperform	$42.00
8/11/2023	Citigroup	Boost Price Target	Neutral ➝ Neutral	$33.00 ➝ $37.00
8/8/2023	Raymond James	Boost Price Target	Outperform ➝ Outperform	$36.00 ➝ $39.00
8/7/2023	Wells Fargo & Company	Boost Price Target	Equal Weight ➝ Equal Weight	$33.00 ➝ $37.00
2/23/2023	JPMorgan Chase & Co.	Boost Price Target	Neutral	$34.00 ➝ $36.00
2/6/2023	BMO Capital Markets	Initiated Coverage	Outperform	$41.00
11/22/2022	Wells Fargo & Company	Downgrade	Overweight ➝ Equal Weight	$36.00 ➝ $34.00
10/18/2022	Wells Fargo & Company	Lower Price Target	Overweight	$41.00 ➝ $36.00
10/11/2022	Raymond James	Lower Price Target	Outperform	$39.00 ➝ $36.00
9/27/2022	Evercore ISI	Lower Price Target	Outperform	$39.00 ➝ $37.00

#13 - KE (NYSE:BEKE)

Consensus Rating: Buy
Rating Score: 3.0
Ratings Breakdown: 4 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
Consensus Price Target: $24.38 (62.5% Upside)

About KE

KE Holdings Inc, through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. It operates through four segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, and Emerging and Other Services. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
9/1/2023	HSBC	Boost Price Target		$23.30 ➝ $24.00
5/9/2023	New Street Research	Initiated Coverage	Buy	$22.00
4/7/2023	JPMorgan Chase & Co.	Boost Price Target	Overweight	$23.00 ➝ $23.50
3/30/2023	Barclays	Boost Price Target	Overweight	$27.00 ➝ $28.00
2/24/2023	Daiwa Capital Markets	Initiated Coverage	Buy
1/30/2023	JPMorgan Chase & Co.	Initiated Coverage	Overweight
1/11/2023	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$17.00 ➝ $21.00
12/6/2022	JPMorgan Chase & Co.	Boost Price Target	Neutral	$15.00 ➝ $17.00
10/28/2022	Barclays	Boost Price Target	Overweight	$26.00 ➝ $27.00
8/25/2022	Barclays	Boost Price Target	Overweight	$24.00 ➝ $26.00

#14 - First Industrial Realty Trust (NYSE:FR)

Consensus Rating: Hold
Rating Score: 2.4
Ratings Breakdown: 4 Buy Ratings, 2 Hold Ratings, 1 Sell Ratings.
Consensus Price Target: $58.86 (22.5% Upside)

About First Industrial Realty Trust

First Industrial Realty Trust, Inc (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. Read More

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
9/14/2023	BMO Capital Markets	Reiterated Rating	Market Perform
7/19/2023	Citigroup	Initiated Coverage	Neutral	$57.00
4/24/2023	Robert W. Baird	Boost Price Target		$60.00 ➝ $63.00
3/21/2023	The Goldman Sachs Group	Initiated Coverage	Sell	$48.00
2/23/2023	Royal Bank of Canada	Reiterated Rating	Outperform	$65.00
2/21/2023	Truist Financial	Boost Price Target	Buy	$55.00 ➝ $60.00
12/16/2022	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$53.00 ➝ $56.00
11/3/2022	JPMorgan Chase & Co.	Lower Price Target	Neutral	$60.00 ➝ $53.00
10/13/2022	Barclays	Lower Price Target	Overweight	$71.00 ➝ $63.00
7/22/2022	Robert W. Baird	Boost Price Target		$69.00 ➝ $75.00

#15 - Crown Castle (NYSE:CCI)

Consensus Rating: Moderate Buy
Rating Score: 2.5
Ratings Breakdown: 11 Buy Ratings, 4 Hold Ratings, 2 Sell Ratings.
Consensus Price Target: $138.94 (52.6% Upside)

About Crown Castle

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 85,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service - bringing information, ideas and innovations to the people and businesses that need them.

Recent Analyst Ratings

Date	Brokerage	Action	Rating	Price Target
8/22/2023	Raymond James	Lower Price Target	Outperform ➝ Outperform	$128.00 ➝ $126.00
8/10/2023	Bank of America	Downgrade	Buy ➝ Neutral	$115.00
8/2/2023	Argus	Initiated Coverage	Buy	$140.00
7/24/2023	Royal Bank of Canada	Lower Price Target	Outperform	$144.00 ➝ $125.00
7/24/2023	Barclays	Lower Price Target	Equal Weight	$137.00 ➝ $116.00
7/21/2023	Raymond James	Lower Price Target	Outperform	$147.00 ➝ $128.00
7/20/2023	BMO Capital Markets	Lower Price Target	Underperform	C$113.00 ➝ C$106.00
7/20/2023	Citigroup	Lower Price Target		$162.00 ➝ $138.00
7/18/2023	Wells Fargo & Company	Lower Price Target	Underweight	$115.00 ➝ $110.00
7/13/2023	BMO Capital Markets	Initiated Coverage	Underperform	$113.00

15 REITs That Wall Street Analysts Love in Today's Market

#1 - Gaming and Leisure Properties (NASDAQ:GLPI)

About Gaming and Leisure Properties

Recent Analyst Ratings

#2 - CBRE Group (NYSE:CBRE)

About CBRE Group

Recent Analyst Ratings

#3 - VICI Properties (NYSE:VICI)

About VICI Properties

Recent Analyst Ratings

#4 - Americold Realty Trust (NYSE:COLD)

About Americold Realty Trust

Recent Analyst Ratings

#5 - Lamar Advertising (NASDAQ:LAMR)

About Lamar Advertising

Recent Analyst Ratings

#6 - SBA Communications (NASDAQ:SBAC)

About SBA Communications

Recent Analyst Ratings

#7 - CubeSmart (NYSE:CUBE)

About CubeSmart

Recent Analyst Ratings

#8 - NNN REIT (NYSE:NNN)

About NNN REIT

Recent Analyst Ratings

#9 - Canadian Apartment Properties REIT (TSE:CAR.UN)

About Canadian Apartment Properties REIT

Recent Analyst Ratings

#10 - Jones Lang LaSalle (NYSE:JLL)

About Jones Lang LaSalle

Recent Analyst Ratings

#11 - Prologis (NYSE:PLD)

About Prologis

Recent Analyst Ratings

#12 - STAG Industrial (NYSE:STAG)

About STAG Industrial

Recent Analyst Ratings

#13 - KE (NYSE:BEKE)

About KE

Recent Analyst Ratings

#14 - First Industrial Realty Trust (NYSE:FR)

About First Industrial Realty Trust

Recent Analyst Ratings

#15 - Crown Castle (NYSE:CCI)

About Crown Castle

Recent Analyst Ratings

More Investing Slideshows: