RPT Realty found using ticker (RPT) now have 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 17 and 13 calculating the mean target price we have 14.83. With the stocks previous close at 12.41 this would indicate that there is a potential upside of 19.5%. The 50 day MA is 12.99 and the 200 moving average now moves to 13.04. The market cap for the company is $1,079m. You can visit the company’s website by visiting: https://www.rptrealty.com
The potential market cap would be $1,289m 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.
