Saul Centers with ticker code (BFS) now have 3 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 56 and 50 and has a mean target at 53.33. Given that the stocks previous close was at 45.79 this would imply there is a potential upside of 16.5%. There is a 50 day moving average of 48.78 while the 200 day moving average is 48.97. The company has a market capitalisation of $1,568m. Visit the company website at: https://www.saulcenters.com
The potential market cap would be $1,827m 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.
