Cedar Realty Trust found using ticker (CDR) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 26 and 21 and has a mean target at 24. With the stocks previous close at 21.59 this would imply there is a potential upside of 11.2%. The 50 day moving average now sits at 23.46 while the 200 day moving average is 19.75. The company has a market cap of $297m. Visit the company website at: https://www.cedarrealtytrust.com
The potential market cap would be $330m 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.
