Taubman Centers found using ticker (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 and has a mean target at 42. Given that the stocks previous close was at 36.82 this indicates there is a potential upside of 14.1%. The 50 day moving average now sits at 34.52 and the 200 day moving average is 37.69. The market cap for the company is $2,247m. Company Website: http://www.taubman.com
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.