In a report released yesterday, Michael Gorman from BTIG maintained a Hold rating on SITE Centers (SITC – Research Report). The company’s shares closed yesterday at $11.26.
Gorman covers the Real Estate sector, focusing on stocks such as Agree Realty, Centerspace, and Invitation Homes. According to TipRanks, Gorman has an average return of 0.2% and a 36.31% success rate on recommended stocks.
Currently, the analyst consensus on SITE Centers is a Hold with an average price target of $14.33.
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SITC market cap is currently $2.36B and has a P/E ratio of 23.23.
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SITE Centers (SITC) Company Description:
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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