In a report released yesterday, Ki Bin Kim from SunTrust Robinson reiterated a Hold rating on DDR Corp (NYSE: DDR), with a price target of $14. The company’s shares opened today at $13.81.
According to TipRanks.com, Kim is a 4-star analyst with an average return of 6.8% and a 71.0% success rate. Kim covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate Investment, National Storage Affiliates Trust, and General Growth Properties Inc.
Currently, the analyst consensus on DDR Corp is a Hold with an average price target of $15.16.
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The company has a one-year high of $16.89 and a one-year low of $10.95. Currently, DDR Corp has an average volume of 2.76M.
Based on the recent corporate insider activity of 41 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 DDR in relation to earlier this year. Last month, Alexander Otto, a Director at DDR bought 633,912 shares for a total of $11,336,280.
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.
DDR Corp. is a self-administered and self-managed real estate investment trust. It is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers.
