Boenning & Scattergood analyst Floris van Dijkum reiterated a Sell rating on CBL and Associates (NYSE: CBL) today and set a price target of $4. The company’s shares closed on Friday at $4.16, close to its 52-week low of $3.80.
According to TipRanks.com, Dijkum is a 3-star analyst with an average return of 1.9% and a 52.7% 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.
CBL and Associates has an analyst consensus of Moderate Sell, with a price target consensus of $4.16.
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The company has a one-year high of $9.73 and a one-year low of $3.80. Currently, CBL and Associates has an average volume of 3.97M.
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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.
