Terreno Realty Corporation with ticker code (TRNO) now have 11 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between 80 and 67 calculating the average target price we see $71.55. Given that the stocks previous close was at $61.33 this would imply there is now a potential upside of 16.7%. Also worth taking note is the 50 day moving average now sits at $62.03 and the 200 moving average now moves to $60.14. The market cap for the company is 5.03B. The current stock price for Targa Resources Corp. is currently 60.44 USD
The potential market cap would be $5,870,669,096 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 22.89, revenue per share of 3.74 and a 2.2% return on assets.
Terreno Realty Corporation acquires, owns, and operates industrial real estate in coastal markets in the United States, such as Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami and Washington, District of Columbia. It invests in a range of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development), trans-shipment and improved land. It focuses on functional buildings in infill locations that may be shared by multiple tenants and that cater to customer demand within the various submarkets in which it operates. It owns approximately 252 buildings aggregating approximately 15.3 million square feet, over 46 improved land parcels consisting of approximately 161.4 acres and three properties under redevelopment. It also owns an industrial building in Elizabeth and Queens both located in New Jersey. The properties are located at 629 Henry Street and 42-11 9th Street.
