Piper Sandler analyst Alexander Goldfarb today maintained a buy score on SITE Centers (SITC – Research Report) and set a price target of $16. 00. The company’s shares closed at $14. 09.
Goldfarb covers real estate, focusing on stocks such as Brixmor Property, Vornado Realty and Howard Hughes Holdings. According to TipRanks, Goldfarb has an average return of 2. 4% and a success rate over stocks of 55. 32%.
Currently, the analyst consensus on SITE Centers is a moderate buy with an average price target of $15. 08, up 7. 03% from existing levels. In a report published on Feb. 29, Wells Fargo also maintained a buy score on the stock with a price target of $15. 50.
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Description of the SITE Centers Company (SITC):
SITE Centers Corp. es a genuine real estate investment committed to the acquisition, development, leasing, and management of shopping centers. It operates through the shopping mall and lending investment segments. The company was founded in 1965 and is headquartered in Beachwood, Ohio.
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