- Alexander & Baldwin (ALEX, Financial) unveils expansion plans for its Komohana Industrial Park to enhance leasable space by 44%.
- Analysts set an average price target of $21.00, indicating an 18.78% potential upside from the current stock price.
- The company's "Outperform" consensus recommendation suggests investor confidence in future performance.
Alexander & Baldwin (ALEX) is strategically developing its real estate portfolio with the planned expansion of its Komohana Industrial Park in Kapolei. This initiative aims to boost the park's leasable area by an impressive 44%, reaching roughly 343,000 square feet. The project involves the construction of two state-of-the-art class A buildings, scheduled for completion by late 2026, aligning with the company's long-term real estate growth strategy.
Wall Street Analysts Forecast
According to projections by four financial analysts, Alexander & Baldwin Inc (ALEX, Financial) could see its stock price rise to an average target of $21.00 within the next year. The high and low estimates are pegged at $22.00 and $20.00, respectively. This average target price suggests a potential upside of 18.78% from the recent trading price of $17.68. More comprehensive estimates and analysis are available on the Alexander & Baldwin Inc (ALEX) Forecast page.
The consensus recommendation from four brokerage firms places Alexander & Baldwin Inc (ALEX, Financial) at an average rating of 2.0, which translates to an "Outperform" rating. The rating scale is from 1 to 5, where 1 reflects a Strong Buy and 5 indicates a Sell.
From the perspective of GuruFocus estimates, the GF Value for Alexander & Baldwin Inc (ALEX, Financial) in the coming year is anticipated to be $16.97. This indicates a potential downside of 4.02% from the current market price of $17.68. The GF Value is a pivotal metric that assesses whether the stock is trading above or below its intrinsic value, considering historical trading multiples, past business growth, and future performance projections. For further insights, visit the Alexander & Baldwin Inc (ALEX) Summary page.
