Fintel reports that on December 23, 2024, BTIG downgraded their outlook for Innovative Industrial Properties (LSE:0JBD) from Buy to Neutral.
Analyst Price Forecast Suggests 71.85% Upside
As of December 23, 2024, the average one-year price target for Innovative Industrial Properties is 122.02 GBX/share. The forecasts range from a low of 72.66 GBX to a high of 193.16 GBX. The average price target represents an increase of 71.85% from its latest reported closing price of 71.00 GBX / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Innovative Industrial Properties is 310MM, a decrease of 0.43%. The projected annual non-GAAP EPS is 5.81.
What is the Fund Sentiment?
There are 707 funds or institutions reporting positions in Innovative Industrial Properties. This is an increase of 22 owner(s) or 3.21% in the last quarter. Average portfolio weight of all funds dedicated to 0JBD is 0.21%, an increase of 0.47%. Total shares owned by institutions increased in the last three months by 0.22% to 24,768K shares.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 1,800K shares representing 6.35% ownership of the company. In its prior filing, the firm reported owning 1,844K shares , representing a decrease of 2.44%. The firm increased its portfolio allocation in 0JBD by 7.96% over the last quarter.
VGSIX - Vanguard Real Estate Index Fund Investor Shares holds 1,130K shares representing 3.99% ownership of the company. In its prior filing, the firm reported owning 1,145K shares , representing a decrease of 1.34%. The firm increased its portfolio allocation in 0JBD by 4.43% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 888K shares representing 3.14% ownership of the company. In its prior filing, the firm reported owning 876K shares , representing an increase of 1.41%. The firm increased its portfolio allocation in 0JBD by 17.40% over the last quarter.
IWM - iShares Russell 2000 ETF holds 745K shares representing 2.63% ownership of the company. In its prior filing, the firm reported owning 656K shares , representing an increase of 11.89%. The firm increased its portfolio allocation in 0JBD by 20.67% over the last quarter.
NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 709K shares representing 2.50% ownership of the company. In its prior filing, the firm reported owning 713K shares , representing a decrease of 0.50%. The firm increased its portfolio allocation in 0JBD by 11.89% over the last quarter.
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