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Alexandria Real Estate Equities Inc (NYSE:ARE) has been downgraded to Hold in a statement by BidaskClub earlier today.

BidaskClub has downgraded Alexandria Real Estate Equities Inc (NYSE:ARE) to Hold in a statement released on Saturday July 08, 2017.

Boasting a price of $118.53, Alexandria Real Estate Equities Inc (NYSE:ARE) traded -0.28% lower on the day. With the last close up 2.90% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Alexandria Real Estate Equities Inc has recorded a 50-day average of $120.28 and a two hundred day average of $116.18. Volume of trade was down over the average, with 296,731 shares of ARE changing hands under the typical 612,197

Performance Chart

Alexandria Real Estate Equities Inc (NYSE:ARE)

With a total market value of $0, Alexandria Real Estate Equities Inc has price-earnings ratio of 269.86 with a one year low of $101.51 and a one year high of $123.89 .

A total of 10 analysts have released a research note on ARE. zero analysts rating the company a strong buy, six equity analysts rating the company a buy, five equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $100.60.

Brief Synopsis About Alexandria Real Estate Equities Inc (NYSE:ARE)

Alexandria Real Estate Equities, Inc. is a real estate investment (REIT). The Company is engaged in the business of providing space for lease to the life science and technology industries. It focuses on collaborative life science and technology campuses. It develops urban cluster campuses and ecosystems. As of December 31, 2016, the Company had 199 properties in North America. As of December 31, 2016, its asset base in North America consisted of 25.2 million square feet, including 19.9 million rentable square feet/foot (RSF) of operating properties, and development and redevelopment of under construction or pre-construction, as well as 5.3 million square feet of future ground-up development projects. Its properties are located in various areas, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland and Research Triangle Park. Its properties include Alexandria Technology Square, Alexandria Park at 128 and Alexandria Technology Center-Gateway.

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