Taubman Centers with ticker code (TCO) now have 9 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 99 and 20 with the average target price sitting at 42. With the stocks previous close at 36.82 this would imply there is a potential upside of 14.1%. The 50 day MA is 34.52 and the 200 moving average now moves to 37.69. The company has a market capitalisation of $2,247m. Visit the company website at: http://www.taubman.com
The potential market cap would be $2,563m based on the market concensus.
Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet shopping centers in the U.S. and Asia. Taubman’s U.S.-owned properties are the most productive in the publicly held U.S. regional mall industry. Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong.
