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Retail Opportunity Investments Corp (NASDAQ:ROIC) stock price target increased to $24.00, issued a report today by Zacks Investment Research

Having a price of $21.96, Retail Opportunity Investments Corp (NASDAQ:ROIC) traded -2.09% lower on the day. With the last stock price up 1.85% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. ROIC has recorded a 50-day average of $22.06 and a two hundred day average of $21.11. Trade Volume was down over the average, with 672,104 shares of ROIC changing hands under the typical 836,364

In a report announced on 10/04/2016 Zacks Investment Research upped the price target of Retail Opportunity Investments Corp (NASDAQ:ROIC) to $24.00 reporting a possible upside of 0.09%.

On Thursday August 25, 2016, BTIG Research released a statement about Retail Opportunity Investments Corp (NASDAQ:ROIC) upped the target price from $0.00 to $25.00 that suggested an upside of 0.13%.

Recent Performance Chart

Retail Opportunity Investments Corp (NASDAQ:ROIC)

Retail Opportunity Investments Corp has PE ratio of 70.96 with a one year low of $16.76 and a one year high of $23.05 and has a market capitalization of $0.

A total of 10 brokerages have issued a ratings update on Retail Opportunity Investments Corp. Four brokerages rating the company a strong buy, three brokerages rating the company a buy, four brokerages rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $20.95.

General Company Details For Retail Opportunity Investments Corp (NASDAQ:ROIC)

Retail Opportunity Investments Corp. is an integrated, self-managed real estate investment trust (REIT). The Company's primary business is the ownership, management and redevelopment of retail real estate properties. The Company specializes in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores. Its portfolio consists of approximately 70 retail properties totaling over 8.6 million square feet of gross leasable area (GLA). It focuses on leasing to retailers that provide necessity-based, non-discretionary goods and services, catering to the basic and daily needs of the surrounding community. Its properties include Paramount Plaza, Santa Ana Downtown Plaza, Claremont Promenade, Sycamore Creek, Desert Springs Marketplace, Glendora Shopping Center, Cypress Center West, Harbor Place Center, Diamond Hills Plaza and Five Points Plaza, Peninsula Marketplace.

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