Cedar Realty Trust with ticker code (CDR) now have 2 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 29 and 29 with the average target price sitting at 29. Now with the previous closing price of 27.74 this now indicates there is a potential upside of 4.5%. The 50 day moving average now sits at 25.01 and the 200 moving average now moves to 21.42. The market cap for the company is $375m. You can visit the company’s website by visiting: https://www.cedarrealtytrust.com
The potential market cap would be $393m 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.