Mack-Cali Realty Corporation with ticker code (CLI) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 26 and 16 calculating the mean target price we have 18.86. Given that the stocks previous close was at 18.39 this would indicate that there is a potential upside of 2.6%. The day 50 moving average is 18.33 and the 200 day moving average is 17.34. The market capitalisation for the company is $1,669m. Find out more information at: https://www.mack-cali.com
The potential market cap would be $1,712m based on the market concensus.
One of the country’s leading real estate investment trusts (REITs), Mack-Cali Realty Corporation is an owner, manager and developer of premier office and multifamily properties in select waterfront and transit-oriented markets throughout New Jersey. Mack-Cali is headquartered in Jersey City, New Jersey, and is the visionary behind the city’s flourishing waterfront, where the company is leading development, improvement and place-making initiatives for Harborside, a master-planned destination comprised of class A office, luxury apartments, diverse retail and restaurants, and public spaces. A fully integrated and self-managed company, Mack-Cali has provided world-class management, leasing, and development services throughout New Jersey and the surrounding region for over two decades. By regularly investing in its properties and innovative lifestyle amenity packages, Mack-Cali creates environments that empower tenants and residents to reimagine the way they work and live.
