In a report released on October 10, Blaine Heck from Wells Fargo maintained a Buy rating on Eastgroup Properties, with a price target of $187.00. The company’s shares closed last Friday at $166.12.
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Heck covers the Real Estate sector, focusing on stocks such as Eastgroup Properties, Stag Industrial, and Cousins Properties. According to TipRanks, Heck has an average return of 0.5% and a 54.43% success rate on recommended stocks.
Eastgroup Properties has an analyst consensus of Moderate Buy, with a price target consensus of $189.00, which is a 13.77% upside from current levels. In a report released on October 1, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $190.00 price target.
The company has a one-year high of $188.89 and a one-year low of $137.67. Currently, Eastgroup Properties has an average volume of 385.8K.
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