RPT Realty found using ticker (RPT) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 17 and 13 calculating the average target price we see 14.83. Given that the stocks previous close was at 12.54 this is indicating there is a potential upside of 18.3%. The day 50 moving average is 13.22 and the 200 moving average now moves to 13.04. The company has a market capitalisation of $1,033m. Find out more information at: https://www.rptrealty.com
The potential market cap would be $1,222m based on the market concensus.
RPT Realty owns and operates a national portfolio of open-air shopping destinations principally 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 ÂNYSEÂ). The common shares of the Company, par value $0.01 per share (the Âcommon sharesÂ) are listed and traded on the NYSE under the ticker symbol ÂRPTÂ. As of June 30, 2020, our property portfolio consisted of 49 shopping centers (including 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.
