In a report released yesterday, Dori Kesten from Wells Fargo maintained a Buy rating on SITE Centers (SITC – Research Report), with a price target of $15.00. The company’s shares closed yesterday at $13.07.
According to TipRanks, Kesten is a 4-star analyst with an average return of 6.7% and a 65.38% success rate. Kesten covers the Real Estate sector, focusing on stocks such as Apple Hospitality REIT, InvenTrust Properties, and Phillips Edison & Company.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SITE Centers with a $14.75 average price target, a 12.85% upside from current levels. In a report released on November 13, KeyBanc also maintained a Buy rating on the stock with a $15.00 price target.
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The company has a one-year high of $14.47 and a one-year low of $10.88. Currently, SITE Centers has an average volume of 1.89M.
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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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