Rexford Industrial Realty: Truist Securities Raises PT to $42, Maintains Buy Rating

Rexford Industrial Realty: Truist Securities Raises PT to $42, Maintains Buy Rating

Rexford Industrial Realty Inc (REXR) stock has seen a significant boost in analyst sentiment, with Truist Securities raising its price target to $42 and maintaining a Buy rating. This move comes amidst a period of strong technical performance and positive analyst consensus.

On Tuesday, August 19, 2025, the stock price of Rexford Industrial Realty Inc (REXR) gained 4.73%, rising from $37.67 to $39.45. The stock experienced a 4.49% fluctuation from a day low of $37.95 to a high of $39.65. Over the past two weeks, the stock has shown a 6.79% gain, with a notable increase in trading volume, indicating a positive technical signal. Analysts have noted that the stock has broken through a short-term trend and has shown a strong rate of rising, with support expected at $38.76. The stock has also shown buy signals from both short and long-term moving averages, with a further rise indicated until a new top pivot is found.

In addition to the technical indicators, Rexford Industrial Realty Inc has seen positive analyst sentiment. The stock has crossed above the average analyst 12-month target price of $39.13, with analysts ranging from a low of $35.00 to a high of $44.00. The standard deviation of analyst targets is $2.748. The average rating of analysts covering Rexford Industrial Realty Inc is 2.56, indicating a strong Buy rating. Truist Securities has contributed to this positive sentiment by raising its price target to $42, maintaining its Buy rating.

Rexford Industrial Realty Inc has also shown strong financial performance. The company's Core FFO has grown significantly from $204 million in 2020 to $511.7 million in 2024, with potential growth to $560 million in 2025. The AFFO has also increased by 10% year-over-year, indicating strong operational performance. The company's total assets are $13.08 billion, with a very low leverage ratio and a significant increase in equity over the past year.

In conclusion, Rexford Industrial Realty Inc has shown strong technical performance and positive analyst sentiment, with Truist Securities raising its price target to $42 and maintaining a Buy rating. The company's financial performance has also been strong, with significant growth in Core FFO and AFFO. Investors may find Rexford Industrial Realty Inc an attractive investment opportunity, given its strong fundamentals and positive analyst sentiment.

References:
[1] https://stockinvest.us/stock/REXR
[2] https://www.nasdaq.com/articles/rexford-industrial-realty-reaches-analyst-target-price
[3] https://seekingalpha.com/article/4813549-rexford-industrial-realty-pure-play-on-the-socal-industrial-real-estate-rebound