Capital One Financial Corp. upgraded Stag Industrial Inc (NYSE:STAG) to Overweight in a report released today.
- Updated: October 14, 2016
Yesterday Stag Industrial Inc (NYSE:STAG) traded 1.78% higher at $22.21. The company’s 50-day moving average is $23.94 and its 200-day moving average is $22.78. The last stock close price is down 3.04% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 148,556 shares of the stock were exchanged, down from an average trading volume of 571,838
Capital One Financial Corp. has upgraded Stag Industrial Inc (NYSE:STAG) to Overweight in a report released on Friday October 14, 2016.
Previously on 8/5/2016, D. A. Davidson reported about Stag Industrial Inc (NYSE:STAG) raised the target price from $25.00 to $26.00. At the time, this indicated a possible upside of 0.04%.
See Chart Below
Stag Industrial Inc has a 52 week low of $14.97 and a 52 week high of $25.51 STAG’s total market value is presently $0.
A total of 14 equity analysts have released a ratings update on STAG. Two equity analysts rating the company a strong buy, five equity analysts rating the company a buy, six equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $20.38.
Brief Synopsis About Stag Industrial Inc (NYSE:STAG)
STAG Industrial, Inc. is a real estate investment trust. The Company focuses on the acquisition and operation of single-tenant industrial properties across the United States. The Company owns approximately 290 buildings in over 40 states with approximately 54.7 million rentable square feet, consisting of over 220 warehouse/distribution buildings, approximately 50 light manufacturing buildings and over 20 flex/office buildings. The Company's operating partnership is STAG Industrial Operating Partnership, L.P. (Operating Partnership). The Company owns its properties and conducts its business through its Operating Partnership. The Company's buildings are leased to approximately 270 tenants. The Company's properties are located in various areas, such as Rogers in Arkansas; Phoenix in Arizona; Camarillo in California; Longmont, Golden and Grand Junction in Colorado; Avon, East Windsor and North Haven in Connecticut; Bardstown, Danville and Hebron in Kentucky, and Belfast in Maine.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.