Analyst Price Target is $268.17
▲ +27.77% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Innovative Industrial Properties in the last 3 months. The average price target is $268.17, with a high forecast of $300.00 and a low forecast of $240.00. The average price target represents a 27.77% upside from the last price of $209.88.
Current Consensus is
The current consensus among 5 investment analysts is to buy stock in Innovative Industrial Properties. This Buy consensus rating has held steady for over two years.
Innovative Industrial Properties, Inc. is a real estate investment trust, which engages in the acquisition, ownership, and management of industrial properties. It operates through the following geographical segments: Arizona, California, Colorado, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New York, North Dakota, Ohio, and Pennsylvania. The firm's property portfolio include PharmaCann; Ascend Wellness Holdings, LLC; Vireo Health, Inc.; and Green Peak Industries, LLC. The company was founded by Alan D. Gold and Paul E. Smithers on June 15, 2016 and is headquartered in Park City, UT.