Analysts fell to the sidelines weighing in on Retail Opportunity Investments (NASDAQ:ROIC) and Retail Properties of America Inc (NYSE:RPAI) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.
Retail Opportunity Investments (ROIC)
Jefferies analyst Omotayo Okusanya reiterated a Hold rating on Retail Opportunity Investments yesterday and set a price target of $18. The company’s shares closed yesterday at $19.01.
According to TipRanks.com, Okusanya is a 4-star analyst with an average return of 7.5% and a 60.8% success rate. Okusanya covers the Financial sector, focusing on stocks such as Easterly Government Properties, NexPoint Residential Trust Inc, and DCT Industrial Trust Inc.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Retail Opportunity Investments with a $18.50 average price target.
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Retail Properties of America Inc (RPAI)
Jefferies analyst George Hoglund reiterated a Hold rating on Retail Properties of America Inc yesterday and set a price target of $13. The company’s shares closed yesterday at $12.79.
According to TipRanks.com, Hoglund is a 2-star analyst with an average return of 1.7% and a 43.2% success rate. Hoglund covers the Financial sector, focusing on stocks such as National Storage Affiliates Trust, Extra Space Storage, and Life Storage Inc.
Currently, the analyst consensus on Retail Properties of America Inc is a Moderate Buy with an average price target of $14.
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