▲ +15.47% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Terreno Realty in the last 3 months. The average price target is $65.29, with a high forecast of $70.00 and a low forecast of $60.00. The average price target represents a 15.47% upside from the last price of $56.54.
The current consensus among 8 contributing investment analysts is to buy stock in Terreno Realty. This rating has held steady since December 2019, when it changed from a Hold consensus rating.
Terreno Realty Corporation and together with its subsidiaries, the ÂCompanyÂ) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C. All square feet, acres, occupancy and number of properties disclosed in these condensed notes to the consolidated financial statements are unaudited. As of September 30, 2020, the Company owned 219 buildings aggregating approximately 13.1 million square feet, 22 improved land parcels consisting of approximately 85.0 acres and one property under redevelopment expected to contain approximately 0.2 million square feet upon completion. The Company is an internally managed Maryland corporation and elected to be taxed as a real estate investment trust (ÂREITÂ) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the ÂCodeÂ), commencing with its taxable year ended December 31, 2010.