Cedar Realty Trust with ticker code (CDR) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 26 and 21 and has a mean target at 24. Given that the stocks previous close was at 24.29 this would imply there is a potential downside of -1.2%. The day 50 moving average is 23.57 and the 200 moving average now moves to 19.9. The company has a market capitalisation of $325m. Find out more information at: https://www.cedarrealtytrust.com
The potential market cap would be $321m based on the market concensus.
Cedar Realty Trust is a fully-integrated real estate investment trust which focuses on the ownership, operation and redevelopment of grocery-anchored shopping centers in high-density urban markets from Washington, D.C. to Boston. The Company’s portfolio (excluding properties treated as “held for sale”) comprises 54 properties, with approximately 8.1 million square feet of gross leasable area.
