Analysts Say General Growth (GGP) Fairly Valued
Tweet Send to a FriendGet Alerts GGP Hot Sheet
Price: $21.54 --0%
Rating Summary:
5 Buy, 9 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
5 Buy, 9 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade GGP Now!
Imperial Capital maintained an In-Line rating on General Growth Properties (NYSE: GGP) with a price target of $20.00.
Analyst David Harris said "The U.S. election result has increased the likelihood of increased taxation, in our view. Potential pressure on discretionary spending and, by association, demand for retail space in high end malls does not appear to be fully reflected."
Harris continues to see a takeover of General Growth as unlikely, and noted progress in improving operations. He views the stock as fairly valued.
For an analyst ratings summary and ratings history on General Growth Properties click here. For more ratings news on General Growth Properties click here.
Shares of General Growth Properties closed at $18.82 yesterday, with a 52 week range of $12.82-$21.25.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Analyst David Harris said "The U.S. election result has increased the likelihood of increased taxation, in our view. Potential pressure on discretionary spending and, by association, demand for retail space in high end malls does not appear to be fully reflected."
Harris continues to see a takeover of General Growth as unlikely, and noted progress in improving operations. He views the stock as fairly valued.
For an analyst ratings summary and ratings history on General Growth Properties click here. For more ratings news on General Growth Properties click here.
Shares of General Growth Properties closed at $18.82 yesterday, with a 52 week range of $12.82-$21.25.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Needham & Company Lifts Numbers on Marvell (MRVL) on Solid Results
- Wedbush Downgrades salesforce.com (CRM) to Neutral
- Jefferies Lifts Numbers on Diana Shipping (DSX) Post Q1
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS View
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
