Stifel Nicolaus analyst Simon Yarmak maintained a Buy rating on SITE Centers (SITC – Research Report) on April 25 and set a price target of $14.50. The company’s shares closed yesterday at $12.12.
Yarmak covers the Financial sector, focusing on stocks such as Pebblebrook Hotel, Essential Properties Realty, and Agree Realty. According to TipRanks, Yarmak has an average return of 8.8% and a 54.61% success rate on recommended stocks.
Currently, the analyst consensus on SITE Centers is a Hold with an average price target of $13.63.
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SITC market cap is currently $2.5B and has a P/E ratio of 16.01.
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SITE Centers Corp. is a real estate investment trust, which engages in the acquisition, development, lease, and management of shopping centers. It operates through the Shopping Centers and Loan Investments segments. The company was founded in 1965 and is headquartered in Beachwood, OH.
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