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 with a mean TP of 24. Now with the previous closing price of 24.69 this indicates there is a potential downside of -2.8%. There is a 50 day moving average of 23.24 and the 200 moving average now moves to 18.98. The market capitalisation for the company is $332m. You can visit the company’s website by visiting: https://www.cedarrealtytrust.com
The potential market cap would be $323m 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.
