Alexander & Baldwin, Inc. ("A&B") is Hawai'i's premier commercial real estate company and the largest owner of grocery-anchored, neighborhood shopping centers in the state. A&B owns, operates and manages approximately 3.9 million square feet of commercial space in Hawai'i, including 22 retail centers, ten industrial assets and four office properties, as well as 154 acres of ground leases. These core assets comprise nearly 72% of A&B's total assets. A&B's non-core assets include renewable energy generation facilities, approximately 27,000 acres of agricultural and conservation land and a vertically integrated paving business. A&B is achieving its strategic objective of becoming a Hawai'i-focused commercial real estate company by expanding and strengthening its Hawai'i CRE portfolio and monetizing non-core assets. Over its 150-year history, A&B has evolved with the state's economy and played a leadership role in the development of the agricultural, transportation, tourism, construction, residential and commercial real estate industries.
IPO Year:
Exchange: NYSE
Website: alexanderbaldwin.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/8/2024 | $22.00 | Buy | Alliance Global Partners |
7/26/2024 | $17.00 → $22.00 | Neutral → Overweight | Piper Sandler |
12/12/2023 | $20.00 | Buy | Janney |
11/29/2023 | Mkt Perform | JMP Securities | |
11/14/2022 | $20.00 | Overweight → Neutral | Piper Sandler |
7/30/2021 | $20.00 → $22.00 | Neutral → Overweight | Piper Sandler |
4 - Alexander & Baldwin, Inc. (0001545654) (Issuer)
4 - Alexander & Baldwin, Inc. (0001545654) (Issuer)
4 - Alexander & Baldwin, Inc. (0001545654) (Issuer)
4 - Alexander & Baldwin, Inc. (0001545654) (Issuer)
4 - Alexander & Baldwin, Inc. (0001545654) (Issuer)
4 - Alexander & Baldwin, Inc. (0001545654) (Issuer)
4 - Alexander & Baldwin, Inc. (0001545654) (Issuer)
4 - Alexander & Baldwin, Inc. (0001545654) (Issuer)
4 - Alexander & Baldwin, Inc. (0001545654) (Issuer)
4 - Alexander & Baldwin, Inc. (0001545654) (Issuer)
Alliance Global Partners initiated coverage of Alexander & Baldwin with a rating of Buy and set a new price target of $22.00
Piper Sandler upgraded Alexander & Baldwin from Neutral to Overweight and set a new price target of $22.00 from $17.00 previously
Janney initiated coverage of Alexander & Baldwin with a rating of Buy and set a new price target of $20.00
JMP Securities initiated coverage of Alexander & Baldwin with a rating of Mkt Perform
Piper Sandler downgraded Alexander & Baldwin from Overweight to Neutral and set a new price target of $20.00
Piper Sandler upgraded Alexander & Baldwin from Neutral to Overweight and set a new price target of $22.00 from $20.00 previously