RPT Realty found using ticker (RPT) have now 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 17 and 13.5 with the average target price sitting at 14.78. Given that the stocks previous close was at 13.47 this indicates there is a potential upside of 9.7%. The 50 day MA is 12.96 while the 200 day moving average is 13.06. The market capitalisation for the company is $1,167m. Visit the company website at: https://www.rptrealty.com
The potential market cap would be $1,280m 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.
