Equity One (EQY) : 2 brokerage houses believe that Equity One (EQY) is a Strong Buy at current levels. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Equity One (EQY). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 8 Wall Street Analysts endorse the stock as a Hold with a rating of 3.13.
Equity One (EQY) : The highest short term price target forecast on Equity One (EQY) is $35 and the lowest target price is $30. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $31.6 with a standard deviation of $2.07.
Also, BTIG Research initiates coverage on Equity One (NYSE:EQY).The analysts at the brokerage house have a current rating of Neutral on the shares. The rating by the firm was issued on August 25, 2016.
Equity One (NYSE:EQY): After opening at $29.71, the stock dipped to an intraday low of $29.49 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $29.95 and the buying power remained strong till the end. The stock closed at $29.85 for the day, a gain of 0.51% for the day session. The total traded volume was 870,947. The stocks close on the previous trading day was $29.7.
Equity One, Inc. is a real estate investment trust (REIT). The Company owns, manages, acquires, develops and redevelops shopping centers and retail properties located in supply constrained suburban and urban communities. The Companys subsidiaries include DIM Vastgoed, N.V. and C&C (US) No. 1, Inc. Its property portfolio include Circle Center West, Culver Center, Aventura Square, Bird Ludlum, Greenwood, Pavilion, Sheridan Plaza, Westport Plaza, Alafaya Village, Ryanwood, Plaza Escuela, Southbury Green, Buckhead Station, Hampton Oaks, Quincy Star Market, Elmwood Oaks, Centre Pointe Plaza and Westwood Towers, among others. These properties are located in Florida, California, Connecticut, New York, Georgia, Massachusetts, Louisiana, Maryland and North Carolina. Its consolidated shopping center portfolio comprised approximately 122 properties, including over 102 retail properties and approximately five non-retail properties totaling approximately 13.5 million square feet of GLA.