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Analysts Offer Insights on Financial Companies: Rayonier (RYN) and Artis Real Estate Investment (OtherARESF)

Analysts fell to the sidelines weighing in on Rayonier (RYNResearch Report) and Artis Real Estate Investment (ARESFResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Rayonier (RYN)

In a report released today, Mark Wilde from BMO Capital maintained a Hold rating on Rayonier, with a price target of $36.00. The company’s shares closed last Tuesday at $34.14.

According to TipRanks.com, Wilde is a 5-star analyst with an average return of 9.0% and a 58.3% success rate. Wilde covers the Basic Materials sector, focusing on stocks such as Ardagh Metal Packaging, International Paper Co, and West Fraser Timber Co.

Currently, the analyst consensus on Rayonier is a Hold with an average price target of $35.50, implying a 4.1% upside from current levels. In a report issued on November 3, RBC Capital also maintained a Hold rating on the stock with a $35.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Artis Real Estate Investment (ARESF)

In a report released today, Jenny Ma from BMO Capital maintained a Hold rating on Artis Real Estate Investment, with a price target of C$10.50. The company’s shares closed last Friday at $6.87, close to its 52-week low of $6.10.

According to TipRanks.com, Ma is a 3-star analyst with an average return of 1.5% and a 54.9% success rate. Ma covers the Financial sector, focusing on stocks such as Allied Properties Real Estate Investment Trust, Dream Office Real Estate Investment, and RioCan Real Estate Investment.

The word on The Street in general, suggests a Hold analyst consensus rating for Artis Real Estate Investment with a $7.78 average price target, a 10.1% upside from current levels. In a report issued on October 24, National Bank also maintained a Hold rating on the stock with a C$10.00 price target.

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