Macerich Company (The) found using ticker (MAC) have now 15 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 35 and 14.75 calculating the mean target price we have 21.05. Given that the stocks previous close was at 18.06 this is indicating there is a potential upside of 16.6%. The 50 day moving average now sits at 19.04 and the 200 day moving average is 16.9. The market capitalisation for the company is $3,862m. Visit the company website at: https://www.macerich.com
Macerich is a fully integrated, self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. Macerich currently owns 51 million square feet of real estate consisting primarily of interests in 47 regional shopping centers. Macerich specializes in successful retail properties in many of the country’s most attractive, densely populated markets with significant presence in the West Coast, Arizona, Chicago and the Metro New York to Washington, DC corridor. A recognized leader in sustainability, Macerich has achieved the #1 GRESB ranking in the North American Retail Sector for five straight years (2015 Â 2019).
