In a report released on January 5, Michael Gorman from BTIG maintained a Hold rating on SITE Centers (SITC – Research Report). The company’s shares closed last Friday at $13.19.
Gorman covers the Real Estate sector, focusing on stocks such as Agree Realty, CTO Realty Growth, and Mid-America Apartment. According to TipRanks, Gorman has an average return of 2.3% and a 44.72% success rate on recommended stocks.
Currently, the analyst consensus on SITE Centers is a Moderate Buy with an average price target of $14.03.
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The company has a one-year high of $14.54 and a one-year low of $10.65. Currently, SITE Centers has an average volume of 2.2M.
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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.
Read More on SITC:
- Wolfe taking ‘wait and see’ approach on Site Centers split, downgrades shares
- Site Centers downgraded to Peer Perform from Outperform at Wolfe Research
- Site Centers price target lowered to $16 from $17 at Piper Sandler
- Site Centers price target lowered to $11 from $15 at Mizuho
- Site Centers price target lowered to $15 from $17 at KeyBanc
