CBL & Associates Properties, Inc. (NYSE:CBL) has earned a consensus rating of “Sell” from the ten analysts that are covering the company, Marketbeat reports. Six research analysts have rated the stock with a sell rating and four have issued a hold rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $2.16.
Several research firms recently weighed in on CBL. ValuEngine downgraded shares of CBL & Associates Properties from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 1st. Zacks Investment Research downgraded shares of CBL & Associates Properties from a “hold” rating to a “sell” rating in a report on Wednesday, June 12th. BTIG Research upgraded shares of CBL & Associates Properties from a “sell” rating to a “neutral” rating and set a $0.82 target price for the company in a report on Friday, May 31st. Finally, Barclays reiterated a “hold” rating and issued a $2.00 target price on shares of CBL & Associates Properties in a report on Tuesday, April 16th.
CBL & Associates Properties stock traded up $0.06 during trading on Monday, hitting $1.16. The company had a trading volume of 33,313 shares, compared to its average volume of 3,211,895. CBL & Associates Properties has a 1-year low of $0.77 and a 1-year high of $6.26. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 4.07. The company has a 50 day simple moving average of $1.08. The stock has a market cap of $194.30 million, a PE ratio of 0.67, a price-to-earnings-growth ratio of -0.22 and a beta of 1.31.
About CBL & Associates Properties
Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL's portfolio is comprised of 114 properties totaling 71.1 million square feet across 26 states, including 71 high-quality enclosed, outlet and open-air retail centers and 11 properties managed for third parties.
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