Goldman Sachs Starts Terreno Realty Corp (TRNO) at Neutral
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Price: $68.59 +0.13%
Rating Summary:
16 Buy, 9 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 9 | New: 24
Rating Summary:
16 Buy, 9 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 9 | New: 24
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Goldman Sachs initiates coverage on Terreno Realty Corp (NYSE: TRNO) with a Neutral rating and $19 price target.
The analyst notes that under $17, the shares trade below our NAV of $19 and book value of $17.50 versus REITs that trade at 8% premium to forward NAV on average.
For more ratings news on Terreno Realty Corp click here and for the rating history of Terreno Realty Corp click here.
Shares of Terreno Realty Corp closed at $16.74 yesterday.
The analyst notes that under $17, the shares trade below our NAV of $19 and book value of $17.50 versus REITs that trade at 8% premium to forward NAV on average.
For more ratings news on Terreno Realty Corp click here and for the rating history of Terreno Realty Corp click here.
Shares of Terreno Realty Corp closed at $16.74 yesterday.
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