In a report issued on November 12, Omotayo Okusanya from Jefferies reiterated a Hold rating on Ramco-Gershenson (RPT), with a price target of $14. The company’s shares closed yesterday at $13.66.
According to TipRanks.com, Okusanya is a 4-star analyst with an average return of 7.5% and a 59.9% success rate. Okusanya covers the Financial sector, focusing on stocks such as Apartment Investment & Management, NexPoint Residential Trust Inc, and Easterly Government Properties.
The word on The Street in general, suggests a Hold analyst consensus rating for Ramco-Gershenson.
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The company has a one-year high of $15 and a one-year low of $11.15. Currently, Ramco-Gershenson has an average volume of 736.2K.
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Ramco-Gershenson Properties Trust operates as a real estate investment trust. It develops, manages, and leases out commercial properties. The company’s portfolio includes shopping centers, supermarkets, and retail shops. Ramco Gershenson Properties was founded on May 1, 1996 and is headquartered in Farmington Hills, MI.
