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Robert W. Baird Sticks to Their Buy Rating for INDUS Realty Trust (INDT)

Robert W. Baird analyst Dave Rodgers maintained a Buy rating on INDUS Realty Trust (INDTResearch Report) on November 22 and set a price target of $76.00. The company’s shares closed last Thursday at $76.00.

According to TipRanks.com, Rodgers is a 4-star analyst with an average return of 8.8% and a 64.6% success rate. Rodgers covers the Financial sector, focusing on stocks such as Corporate Office Properties, Franklin Street Properties, and Hudson Pacific Properties.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for INDUS Realty Trust with a $86.50 average price target, implying a 14.0% upside from current levels. In a report issued on December 8, Aegis Capital also initiated coverage with a Buy rating on the stock with a $89.00 price target.

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The company has a one-year high of $82.94 and a one-year low of $56.30. Currently, INDUS Realty Trust has an average volume of 27.85K.

Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of INDT in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Griffin Industrial Realty, Inc. engages in developing, managing and leasing industrial/warehouse properties. The company was founded in 1970 and is headquartered in New York, NY.

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