Wall Street is neutral on Veris Residential Inc (VRE). On average, analysts give the stock a Hold rating. The average price target is $17.25, which means analysts expect the stock to increase by 16.16% over the next twelve months.
That average ranking earns the stock an Analyst Rating of 1, which is better than 1% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating VRE a Hold today. Find out what this means to you and get the rest of the rankings on VRE!
Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.
What's Happening With Veris Residential Inc Stock Today?
Veris Residential Inc (VRE) stock is higher by 0.54% while the S&P 500 is down -2.13% as of 10:19 AM on Tuesday, May 24. VRE is up $0.08 from the previous closing price of $14.77 on volume of 156,368 shares. Over the past year the S&P 500 has fallen -7.34% while VRE is down -13.86%. VRE lost -$0.40 per share the over the last 12 months.
Click Here to get the full Stock Report for Veris Residential Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
