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 $13.85.
Kesten covers the Real Estate sector, focusing on stocks such as Ryman, Phillips Edison & Company, and Diamondrock. According to TipRanks, Kesten has an average return of 7.7% and a 67.26% success rate on recommended stocks.
Currently, the analyst consensus on SITE Centers is a Moderate Buy with an average price target of $14.41.
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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 2.34M.
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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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