Rexford Industrial Realty, Inc. (REXR) Earns “Neutral” Rating from National Securities

National Securities reaffirmed their neutral rating on shares of Rexford Industrial Realty, Inc. (NYSE:REXR) in a research note published on Friday, May 12th, reports. The brokerage currently has a $14.00 target price on the real estate investment trust’s stock.

Separately, Wunderlich increased their target price on shares of Rexford Industrial Realty from $22.00 to $24.00 and gave the stock a hold rating in a research note on Wednesday, May 10th.

Rexford Industrial Realty (NYSE:REXR) traded down 1.01% during trading on Friday, hitting $27.54. The stock had a trading volume of 1,620,003 shares. Rexford Industrial Realty has a 52-week low of $20.05 and a 52-week high of $28.37. The firm’s 50-day moving average price is $26.50 and its 200-day moving average price is $23.92. The company has a market cap of $1.83 billion, a price-to-earnings ratio of 70.80 and a beta of 0.78.

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About Rexford Industrial Realty

Rexford Industrial Realty, Inc is a self-administered and self-managed full-service real estate investment trust (REIT). The Company is focused on owning, operating and acquiring industrial properties in Southern California infill markets. Rexford Industrial Realty, L.P. is the operating partnership of the Company.

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