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Evercore ISI Maintains Their Hold Rating on SITE Centers (SITC)

In a report issued on July 28, Samir Khanal from Evercore ISI maintained a Hold rating on SITE Centers (SITCResearch Report), with a price target of $16.00. The company’s shares closed last Friday at $14.61.

According to TipRanks.com, Khanal is a 2-star analyst with an average return of -0.1% and a 51.5% success rate. Khanal covers the Financial sector, focusing on stocks such as National Storage Affiliates, Urban Edge Properties, and Brixmor Property.

SITE Centers has an analyst consensus of Moderate Buy, with a price target consensus of $15.11, a 3.6% upside from current levels. In a report issued on July 15, Morgan Stanley also maintained a Hold rating on the stock with a $13.00 price target.

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The company has a one-year high of $17.61 and a one-year low of $12.40. Currently, SITE Centers has an average volume of 2.35M.

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SITE Centers Corp. is a real estate investment trust, which engages in the acquisition, development, lease, and management of shopping centers. It operates through the Shopping Centers and Loan Investments segments. The company was founded in 1965 and is headquartered in Beachwood, OH.

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