Terreno Realty Corporation (NYSE:TRNO) was upgraded by National Securities from a “neutral” rating to a “buy” rating in a research note issued to investors on Wednesday. The brokerage presently has a $45.00 price objective on the real estate investment trust’s stock. National Securities’ price target indicates a potential upside of 18.51% from the stock’s current price.

Other equities analysts have also issued research reports about the stock. Stifel Nicolaus restated a “buy” rating and set a $37.00 price objective (up previously from $34.50) on shares of Terreno Realty Corporation in a research report on Wednesday, August 9th. BidaskClub lowered shares of Terreno Realty Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. BTIG Research restated a “buy” rating and set a $39.00 price objective (up previously from $35.00) on shares of Terreno Realty Corporation in a research report on Wednesday, September 27th. KeyCorp reaffirmed a “buy” rating on shares of Terreno Realty Corporation in a research note on Wednesday, September 6th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $34.00 price objective on shares of Terreno Realty Corporation in a research note on Tuesday, October 3rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the stock. Terreno Realty Corporation has an average rating of “Hold” and an average price target of $37.50.

Terreno Realty Corporation (NYSE TRNO) opened at $37.97 on Wednesday. Terreno Realty Corporation has a 12-month low of $26.30 and a 12-month high of $38.54. The company has a debt-to-equity ratio of 0.47, a quick ratio of 4.87 and a current ratio of 4.87. The firm has a market cap of $2,071.32, a PE ratio of 36.86, a PEG ratio of 3.43 and a beta of 0.80.

TRADEMARK VIOLATION WARNING: This news story was posted by Watch List News and is the sole property of of Watch List News. If you are viewing this news story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The original version of this news story can be viewed at https://www.watchlistnews.com/terreno-realty-corporation-trno-stock-rating-upgraded-by-national-securities/1723294.html.

Hedge funds have recently bought and sold shares of the business. Janus Henderson Group PLC purchased a new stake in Terreno Realty Corporation during the second quarter valued at about $4,795,000. BlackRock Inc. lifted its stake in Terreno Realty Corporation by 2,189.1% during the first quarter. BlackRock Inc. now owns 4,165,859 shares of the real estate investment trust’s stock valued at $116,645,000 after buying an additional 3,983,872 shares in the last quarter. US Bancorp DE lifted its stake in Terreno Realty Corporation by 6.0% during the second quarter. US Bancorp DE now owns 27,073 shares of the real estate investment trust’s stock valued at $911,000 after buying an additional 1,536 shares in the last quarter. Fox Run Management L.L.C. purchased a new stake in Terreno Realty Corporation during the third quarter valued at about $271,000. Finally, Schwab Charles Investment Management Inc. lifted its stake in Terreno Realty Corporation by 9.7% during the second quarter. Schwab Charles Investment Management Inc. now owns 207,105 shares of the real estate investment trust’s stock valued at $6,972,000 after buying an additional 18,360 shares in the last quarter. 92.84% of the stock is owned by institutional investors.

Terreno Realty Corporation Company Profile

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 (DC)/Baltimore. The Company invests in a range of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development) and trans-shipment.

Analyst Recommendations for Terreno Realty Corporation (NYSE:TRNO)

Receive News & Ratings for Terreno Realty Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Terreno Realty Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.