RPT Realty – Consensus Indicates Potential 8.3% Upside

Broker Ratings

RPT Realty with ticker code (RPT) have now 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 16 and 13 calculating the average target price we see 14.69. Given that the stocks previous close was at 13.57 this now indicates there is a potential upside of 8.3%. The day 50 moving average is 13.16 and the 200 day moving average is 12.85. The company has a market capitalisation of $1,100m. Find out more information at: http://www.rptrealty.com

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 “NYSE”). The common shares of the Company, par value $0.01 per share (the “common shares”) are listed and traded on the NYSE under the ticker symbol “RPT”. 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.

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