Is Stag Industrial Stock a Buy?
Stag Industrial (NYSE: STAG) is a real estate investment trust (REIT) that focuses on industrial properties. This is a sector that has performed exceptionally well coming out of the pandemic, thanks partly to upended supply chains and efforts to "reshore" production. While the stock has been a strong performer, the dividend story hasn't been nearly as attractive. So, is Stag a buy or not? It depends.
The biggest company in the industrial real estate sector is Prologis (NYSE: PLD), a REIT that has a global footprint, a warehouse focus, and locations in most of the world's important transportation hubs. Where Prologis doesn't compete is in secondary markets. In fact, most industrial REITs don't operate in secondary markets, which is one of the main reasons why Stag invests in such markets.
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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 12.56% for STAG Industrial Inc. compared to the current price of 32.87 €.
