Terreno Realty Corporation (NYSE:TRNO) : Zacks Investment Research ranks Terreno Realty Corporation (NYSE:TRNO) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 1.8, which indicates as a Buy.
Terreno Realty Corporation (NYSE:TRNO) : 10 Wall Street analysts covering Terreno Realty Corporation (NYSE:TRNO) believe that the average level the stock could reach for the short term is $24.85. The maximum price target given is $28 and the minimum target for short term is around $23, hence the standard deviation is calculated at $1.63.
For the current week, the company shares have a recommendation consensus of Buy.
Terreno Realty Corporation (NYSE:TRNO): stock turned positive on Tuesday. Though the stock opened at $25.37, the bulls momentum made the stock top out at $25.7 level for the day. The stock recorded a low of $25 and closed the trading day at $25.51, in the green by 1.47%. The total traded volume for the day was 667,047. The stock had closed at $25.14 in the previous days trading.
In an insider trading activity, Pasquale Douglas M, director of Terreno Realty Corp, executed a transaction worth $69,580 on September 1, 2015. A total of 3,500 shares were purchased at an average price of $19.88. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Terreno Realty Corporation (Terreno) acquires, owns and operates industrial real estate located in six coastal United States markets: Los Angeles Area; Northern New Jersey/New York City; San Francisco Bay Area; Seattle Area; Miami Area, and Washington, D.C./Baltimore. The Company is engaged in the activities related to investing in real estate. The Company invests in several types of industrial real estate, including warehouse or distribution; flex, which include light industrial and research and development (R&D), and trans-shipment. The Company owns approximately126 buildings aggregating approximately nine million square feet and two improved land parcels, which consist of approximately three acres.