Stifel Nicolaus analyst Simon Yarmak maintained a Buy rating on SITE Centers (SITC – Research Report) yesterday and set a price target of $15.25. The company’s shares closed yesterday at $11.66.
Yarmak covers the Real Estate sector, focusing on stocks such as Kimco Realty, Agree Realty, and Hersha Hospitality. According to TipRanks, Yarmak has an average return of 7.0% and a 48.15% success rate on recommended stocks.
SITE Centers has an analyst consensus of Moderate Buy, with a price target consensus of $14.96, representing a 28.30% upside. In a report released yesterday, Piper Sandler also maintained a Buy rating on the stock with a $17.00 price target.
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The company has a one-year high of $14.47 and a one-year low of $10.92. Currently, SITE Centers has an average volume of 1.46M.
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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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