BMO Capital Initiates a Hold Rating on Retail Opportunity Investments (ROIC)


Retail Opportunity Investments (NASDAQ: ROIC) received a Hold rating and a $20 price target from BMO Capital analyst Jeremy Metz today. The company’s shares opened today at $19.13.

According to TipRanks.com, Metz is a 2-star analyst with an average return of 0.4% and a 52.3% success rate. Metz covers the Financial sector, focusing on stocks such as National Storage Affiliates Trust, General Growth Properties Inc, and Monmouth Real Estate ate.

Currently, the analyst consensus on Retail Opportunity Investments is a Hold with an average price target of $18.

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The company has a one-year high of $20.14 and a one-year low of $16.18. Currently, Retail Opportunity Investments has an average volume of 891.9K.

Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ROIC in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Retail Opportunity Investments Corp. operates as a self-managed real estate investment trust. The company engages in the ownership, management, and redevelopment of retail real estate properties.

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