Barclays Remains a Hold on CBL and Associates (CBL)


Barclays analyst Ross L Smotrich maintained a Hold rating on CBL and Associates (CBL) yesterday and set a price target of $2. The company’s shares closed yesterday at $1.39, close to its 52-week low of $1.35.

According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 7.1% and a 67.5% success rate. Smotrich covers the Financial sector, focusing on stocks such as Essential Properties Realty Trust Inc, Pennsylvania Real Estate Investment, and Apartment Investment & Management.

Currently, the analyst consensus on CBL and Associates is a Moderate Sell with an average price target of $1.75.

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The company has a one-year high of $6.26 and a one-year low of $1.35. Currently, CBL and Associates has an average volume of 3.18M.

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CBL & Associates Properties, Inc. is a real estate investment trust, which owns and operates retail properties. The firm engages in owning, developing, acquiring, leasing, managing and operating regional shopping malls, open-air centers, community centers and office properties. It operates through Malls and All Other segments.

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