Stifel Nicolaus analyst Simon Yarmak reiterated a Hold rating on CBL and Associates (NYSE: CBL) on October 29 and set a price target of $4. The company’s shares opened today at $3.30, close to its 52-week low of $3.18.
According to TipRanks.com, Yarmak is a 4-star analyst with an average return of 5.8% and a 60.2% success rate. Yarmak covers the Financial sector, focusing on stocks such as National Retail Properties, Hersha Hospitality Trust, and Bluegreen Vacations Corp.
CBL and Associates has an analyst consensus of Moderate Sell, with a price target consensus of $3.47.
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The company has a one-year high of $8.04 and a one-year low of $3.18. Currently, CBL and Associates has an average volume of 3.72M.
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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.
