Stifel Nicolaus Remains a Hold on CBL and Associates

By Ryan Adsit

In a report released yesterday, Simon Yarmak from Stifel Nicolaus reiterated a Hold rating on CBL and Associates (NYSE: CBL), with a price target of $6. The company’s shares closed yesterday at $5.69, close to its 52-week low of $5.31.

According to, Yarmak is a 4-star analyst with an average return of 12.3% and a 66.3% success rate. Yarmak covers the Financial sector, focusing on stocks such as National Retail Properties, Lasalle Hotel Properties, and Hersha Hospitality Trust.

CBL and Associates has an analyst consensus of Moderate Sell, with a price target consensus of $5.75.

CBL and Associates’ market cap is currently $973.5M and has a P/E ratio of 150.93. The company has a book value ratio of 0.8496.

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CBL & Associates Properties, Inc. is a real estate investment trust, which owns and operates retail properties. The company engages in owning, developing, acquiring, leasing, managing and operating regional shopping malls, open-air centers, community centers and office properties.