Rexford Industrial Realty (REXR) Stock Forecast & Price Target

$49.07

+0.90 (+1.87%)

(As of 07/26/2024 ET)

Rexford Industrial Realty - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 10 Analyst Ratings

Based on 10 Wall Street analysts who have issued ratings for Rexford Industrial Realty in the last 12 months, the stock has a consensus rating of "Hold." Out of the 10 analysts, 1 has given a sell rating, 4 have given a hold rating, and 5 have given a buy rating for REXR.

Consensus Price Target

$52.30
6.58% Upside

High Forecast	$70.00
Average Forecast	$52.30
Low Forecast	$45.00

According to the 10 analysts' twelve-month price targets for Rexford Industrial Realty, the average price target is $52.30. The highest price target for REXR is $70.00, while the lowest price target for REXR is $45.00. The average price target represents a forecasted upside of 6.58% from the current price of $49.07.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	2 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	6 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$52.30	$52.44	$54.73	$60.67
Forecasted Upside	6.58% Upside	14.48% Upside	13.03% Upside	16.67% Upside

Get Rexford Industrial Realty Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for REXR and its competitors with MarketBeat's FREE daily newsletter.

Ad American Hartford Gold Group

Dave Ramsey Makes Big Mistake Live On Air

Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.

GET THE FREE GUIDE

REXR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

REXR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Rexford Industrial Realty Stock vs. The Competition

Type	Rexford Industrial Realty	Finance Companies	S&P 500
Consensus Rating Score	2.40	2.45	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	6.58% Upside	35.46% Upside	9.15% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/25/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$47.00 ➝ $52.00	+5.73%
7/10/2024	Evercore ISI 2 of 5 stars	S. Khanal Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$54.00	+19.18%
5/31/2024	Mizuho 2 of 5 stars		Lower Target	Neutral ➝ Neutral	$52.00 ➝ $50.00	+11.86%
5/16/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Outperform ➝ Sector Outperform	$55.00 ➝ $51.00	+10.53%
5/2/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$53.00 ➝ $50.00	+18.01%
5/1/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$57.00 ➝ $49.00	+14.46%
Get the Latest News and Ratings for REXR and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Rexford Industrial Realty and its competitors with MarketBeat's FREE daily newsletter.
4/23/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$45.00 ➝ $46.00	+4.40%
4/22/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Anderson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$45.00	+5.29%
10/19/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$60.00 ➝ $56.00	+24.22%
9/19/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Peer Perform ➝ Outperform	$70.00	+35.82%
6/12/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$66.00 ➝ $53.00	+3.94%
6/12/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$69.00 ➝ $56.00	+9.37%
12/14/2022	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$68.00	+20.93%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:09 PM ET.

REXR Forecast - Frequently Asked Questions

What is Rexford Industrial Realty's forecast for 2024?: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Rexford Industrial Realty is $52.30, with a high forecast of $70.00 and a low forecast of $45.00.
Should I buy or sell Rexford Industrial Realty stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Rexford Industrial Realty in the last year. There is currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" REXR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in REXR, but not buy additional shares or sell existing shares.
Does Rexford Industrial Realty's stock price have much upside?: According to analysts, Rexford Industrial Realty's stock has a predicted upside of 15.22% based on their 12-month stock forecasts.
What analysts cover Rexford Industrial Realty?: Rexford Industrial Realty has been rated by research analysts at Evercore ISI, JPMorgan Chase & Co., Mizuho, Robert W. Baird, Scotiabank, and Truist Financial in the past 90 days.
Do Wall Street analysts like Rexford Industrial Realty more than its competitors?: Analysts like Rexford Industrial Realty less than other "finance" companies. The consensus rating score for Rexford Industrial Realty is 2.40 while the average consensus rating score for "finance" companies is 2.45. Learn more on how REXR compares to other companies.