Zacks Investment Research disclosed Seritage Growth Properties (NYSE:SRG), hiking its price target to $57.00 earlier today
- Updated: September 24, 2016
Reporting as potential upside of 0.15%, Zacks Investment Research upped the price target of Seritage Growth Properties (NYSE:SRG) to $57.00
Having a price of $49.71, Seritage Growth Properties (NYSE:SRG) traded 2.03% higher on the day. With the last close up 4.10% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. SRG has recorded a 50-day average of $47.40 and a two hundred day average of $48.76. Trade Volume was up over the average, with 417,143 shares of SRG changing hands over the typical 291,164
Recent Performance Chart
Seritage Growth Properties has with a one year low of $33.34 and a one year high of $57.31 and has a market capitalization of $0.
General Company Details For Seritage Growth Properties (NYSE:SRG)
Seritage Growth Properties (Seritage) is a self-administered and self-managed real estate investment trust (REIT). The Company is engaged in the acquisition, ownership, development, redevelopment, and management and leasing of diversified retail real estate across the United States. The Company's assets are held by and its operations are primarily conducted through directly or indirectly, by Seritage Growth Properties, L.P. Its portfolio include approximately 42.4 million square feet of gross leasable area (GLA), which consists of approximately 230 owned properties totaling over 37.0 million square feet of GLA across approximately 49 states and Puerto Rico and interests in approximately 30 joint venture properties totaling over 5.4 million square feet of GLA across approximately 17 states. Its portfolio includes over 3,000 acres of land, or approximately 10 acres per site for its owned properties.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.