Is Stag Industrial Stock a Buy?
Since March of 2022, interest rates have risen at their fastest pace in over four decades as the Federal Reserve tries to put a lid on inflation. As a result, interest rate-sensitive businesses, including real estate investment trusts (REITs), have suffered.
One company that is well positioned compared to peers is Stag Industrial (NYSE: STAG), which focuses on industrial properties like warehouses and distribution centers. If you're considering buying Stag Industrial stock today, there are a few things you should know first.
Stag Industrial owns and operates industrial properties across the United States. At the end of last year, the company's portfolio included 562 buildings across 41 states, most of which are warehouses or distribution centers, accounting for 86% of its total properties.
Source Fool.com
STAG Industrial Inc. Stock
Currently there is a rather positive sentiment for STAG Industrial Inc. with 4 Buy predictions and 0 Sell predictions.
With a target price of 37 € there is a slightly positive potential of 9.66% for STAG Industrial Inc. compared to the current price of 33.74 €.
