RPT Realty – Consensus Indicates Potential 11.4% Upside

Broker Ratings
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RPT Realty found using ticker (RPT) now have 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 17 and 13.5 calculating the mean target price we have 14.78. Now with the previous closing price of 13.27 this is indicating there is a potential upside of 11.4%. The 50 day MA is 12.95 and the 200 day moving average is 13.1. The company has a market capitalisation of $1,149m. Visit the company website at: https://www.rptrealty.com

The potential market cap would be $1,279m based on the market concensus.

RPT Realty owns and operates a national portfolio of open-air shopping destinations pripally located in top U.S. markets. The Company’s shopping centers offer diverse, locally-curated consumer experiences that reflect the lifestyles of their surrounding communities and meet the modern expectations of the Company’s retail partners. The Company is a fully integrated and self-administered REIT publicly traded on the New York Stock Exchange (the “NYSE”). The common shares of the Company, par value $0.01 per share (the “common shares”) are listed and traded on the NYSE under the ticker symbol “RPT”. As of June 30, 2020, our property portfolio consisted of 49 shopping centers (luding five shopping centers owned through a joint venture) representing 11.9 million square feet of gross leasable area. As of June 30, 2020, the Company’s pro-rata share of the aggregate portfolio was 93.6% leased.

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