This price target is based on 5 analysts offering 12 month price targets for RPT Realty in the last 3 months. The average price target is $9.60, with a high forecast of $11.00 and a low forecast of $8.00. The average price target represents a 0.00% upside from the last price of $9.60.
The current consensus among 5 contributing investment analysts is to buy stock in RPT Realty. This rating has held steady since April 2020, when it changed from a Hold consensus rating.
RPT Realty owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets. The Company's shopping centers offer diverse, locally-curated consumer experiences that reflect the lifestyles of their surrounding communities and meet the modern expectations of the Company's retail partners. The Company is a fully integrated and self-administered REIT publicly traded on the New York Stock Exchange (the ÂNYSEÂ). The common shares of the Company, par value $0.01 per share (the Âcommon sharesÂ) are listed and traded on the NYSE under the ticker symbol ÂRPTÂ. As of June 30, 2020, our property portfolio consisted of 49 shopping centers (including five shopping centers owned through a joint venture) representing 11.9 million square feet of gross leasable area. As of June 30, 2020, the Company's pro-rata share of the aggregate portfolio was 93.6% leased.