Saul Centers with ticker code (BFS) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 57 and 50 with a mean TP of 54.33. Given that the stocks previous close was at 47.83 this would indicate that there is a potential upside of 13.6%. The 50 day moving average now sits at 51.37 and the 200 moving average now moves to 47.1. The market cap for the company is $1,121m. Visit the company website at: https://www.saulcenters.com
The potential market cap would be $1,273m based on the market concensus.
Saul Centers is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 60 properties which includes (a) 50 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.8 million square feet of leasable area and (b) three land and development properties. Approximately 85% of the Saul Centers’ property operating income is generated by properties in the metropolitan Washington, DC/Baltimore area.
