BMO Capital Keeps Their Hold Rating on Taubman Centers (TCO)

By Jason Carr

BMO Capital analyst Jeremy Metz maintained a Hold rating on Taubman Centers (TCOResearch Report) yesterday and set a price target of $55. The company’s shares closed yesterday at $48.87.

According to TipRanks.com, Metz is a 2-star analyst with an average return of -0.2% and a 54.1% success rate. Metz covers the Financial sector, focusing on stocks such as Monmouth Real Estate Investment, American Finance Trust Inc, and Extra Space Storage.

Taubman Centers has an analyst consensus of Hold, with a price target consensus of $56.25.

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The company has a one-year high of $65.50 and a one-year low of $43.44. Currently, Taubman Centers has an average volume of 463K.

Based on the recent corporate insider activity of 50 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 TCO in relation to earlier this year.

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Taubman Centers, Inc. operates as a real estate investment trust. Its engaged in the ownership, leasing, acquisition, disposition, development, expansion, and management of regional shopping centers. The company was founded by A. Alfred Taubman in 1950 and is headquartered in Bloomfield Hills, MI.