Pennsylvania Real Estate Invest with ticker code (PEI) now have 3 analysts in total covering the stock. The consensus rating is ‘Underperform’. The range between the high target price and low target price is between 1 and 0.7 calculating the average target price we see 0.9. Given that the stocks previous close was at 1.19 this indicates there is a potential downside of -24.4%. The 50 day moving average now sits at 1.31 and the 200 moving average now moves to 1.87. The market capitalisation for the company is $93m. Company Website: http://www.preit.com
PREIT (NYSE:PEI) is a publicly traded real estate investment trust that owns and manages quality properties in compelling markets. PREIT’s robust portfolio of carefully curated retail and lifestyle offerings mixed with destination dining and entertainment experiences are located primarily in the densely-populated eastern U.S. with concentrations in the mid-Atlantic’s top MSAs. Since 2012, the Company has driven a transformation guided by an emphasis on portfolio quality and balance sheet strength driven by disciplined capital expenditures.