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NYSE:SKTTanger Factory Outlet Centers Price Target & Analyst Ratings

-0.17 (-2.74 %)
(As of 05/22/2020 04:00 PM ET)
Today's Range
Now: $6.04
50-Day Range
MA: $6.05
52-Week Range
Now: $6.04
Volume1.83 million shs
Average Volume3.91 million shs
Market Capitalization$564.56 million
P/E RatioN/A
Dividend Yield23.68%

Analyst Ratings

Tanger Factory Outlet Centers (NYSE:SKT) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
3 Wall Street analysts have issued ratings and price targets for Tanger Factory Outlet Centers in the last 12 months. Their average twelve-month price target is $4.33, suggesting that the stock has a possible downside of 28.26%. The high price target for SKT is $5.50 and the low price target for SKT is $3.00. There are currently 2 sell ratings and 1 hold rating for the stock, resulting in a consensus rating of "Sell."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: SellSellHoldHold
Consensus Rating Score: 1.331.251.751.75
Ratings Breakdown: 2 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
3 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
2 Sell Rating(s)
1 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $4.33$7.00$17.50$20.00
Price Target Upside: 28.26% downside2.94% upside18.00% upside23.38% upside

Tanger Factory Outlet Centers (NYSE:SKT) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Tanger Factory Outlet Centers (NYSE:SKT) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/7/2020CitigroupLower Price TargetNeutral$13.50 ➝ $4.50High
4/3/2020KeyCorpLower Price TargetUnderweight$12.00 ➝ $3.00High
3/23/2020Bank of AmericaDowngradeNeutral ➝ Underperform$11.00 ➝ $5.50High
5/9/2019Goldman Sachs GroupDowngradeNeutral ➝ Sell$19.80 ➝ $15.00Low
3/25/2019Boenning ScattergoodInitiated CoverageOutperform$27.00Low
12/19/2018JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$24.00 ➝ $22.00High
10/16/2018ScotiabankInitiated CoverageUnderperformLow
2/15/2018Evercore ISIDowngradeIn-Line ➝ UnderperformMedium
12/22/2017Jefferies Financial GroupReiterated RatingHold$24.00Low
(Data available from 5/24/2018 forward)
This page was last updated on 5/24/2020 by MarketBeat.com Staff

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