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Analysts Have Conflicting Sentiments on These Financial Companies: Alexandria Equities (ARE), Regency Centers (REG) and ASX Limited (OtherASXFF)

Analysts have been eager to weigh in on the Financial sector with new ratings on Alexandria Equities (AREResearch Report), Regency Centers (REGResearch Report) and ASX Limited (ASXFFResearch Report).

Alexandria Equities (ARE)

J.P. Morgan analyst Anthony Paolone maintained a Buy rating on Alexandria Equities on August 11 and set a price target of $197.00. The company’s shares closed last Monday at $170.04.

According to TipRanks.com, Paolone is a 5-star analyst with an average return of 8.3% and a 62.4% success rate. Paolone covers the Financial sector, focusing on stocks such as Washington Real Estate Investment, Corporate Office Properties, and Four Corners Property.

Currently, the analyst consensus on Alexandria Equities is a Strong Buy with an average price target of $188.22, which is a 10.9% upside from current levels. In a report issued on August 5, RBC Capital also maintained a Buy rating on the stock with a $220.00 price target.

See the top stocks recommended by analysts >>

Regency Centers (REG)

J.P. Morgan analyst Michael Mueller maintained a Hold rating on Regency Centers on August 12 and set a price target of $70.00. The company’s shares closed last Monday at $66.31.

According to TipRanks.com, Mueller is a 3-star analyst with an average return of 2.3% and a 58.1% success rate. Mueller covers the Financial sector, focusing on stocks such as Retail Opportunity Investments, Rexford Industrial Realty, and Phillips Edison & Company.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Regency Centers with a $68.07 average price target, representing a 2.8% upside. In a report issued on August 8, Robert W. Baird also maintained a Hold rating on the stock with a $76.00 price target.

ASX Limited (ASXFF)

ASX Limited received a Sell rating and an A$82.50 price target from J.P. Morgan analyst Siddharth Parameswaran yesterday. The company’s shares closed last Monday at $58.41.

According to TipRanks.com, Parameswaran is a 1-star analyst with an average return of -9.3% and a 33.3% success rate. Parameswaran covers the Financial sector, focusing on stocks such as Insurance Australia Group Limited, QBE Insurance Group Limited, and Suncorp Group Limited.

Currently, the analyst consensus on ASX Limited is a Moderate Sell with an average price target of $58.76, which is a 0.6% upside from current levels. In a report issued on August 3, Jarden also maintained a Sell rating on the stock with a A$76.10 price target.

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