Boenning & Scattergood analyst Floris van Dijkum maintained a Sell rating on Cedar Realty Trust (NYSE: CDR) today and set a price target of $3.50. The company’s shares closed on Friday at $4.
According to TipRanks.com, Dijkum is a 3-star analyst with an average return of 2.0% and a 51.5% success rate. Dijkum covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate ate Investment, Retail Properties of America Inc, and General Growth Properties Inc.
Cedar Realty Trust has an analyst consensus of Moderate Buy, with a price target consensus of $5.
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The company has a one-year high of $6.29 and a one-year low of $3.54. Currently, Cedar Realty Trust has an average volume of 589.3K.
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Cedar Realty Trust, Inc. operates as a real estate investment trust, which engages in the ownership and operation of grocery-anchored shopping centers. It also involves in the real estate investment activities which include acquisition, ownership, and leasing of retail shopping centers.
