Cedar Realty Trust – Consensus Indicates Potential 6.2% Upside

Broker Ratings
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Cedar Realty Trust found using ticker (CDR) have now 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 calculating the mean target price we have 29. With the stocks previous close at 27.3 this is indicating there is a potential upside of 6.2%. The 50 day moving average now sits at 24.74 while the 200 day moving average is 21.11. The market cap for the company is $379m. You can visit the company’s website by visiting: https://www.cedarrealtytrust.com

The potential market cap would be $403m 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.

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