Analyst Rating Update on Equity One (EQY)

Equity One (NYSE:EQY) has an average broker rating of 2.89, which is interpreted as a Hold, as rated by 9 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

Equity One (NYSE:EQY) stock is expected to deviate a maximum of $2.07 from the average target price of $29.5 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $33 and the most muted being $28.

Company shares have received an average consensus rating of Hold for the current week

Equity One (NYSE:EQY): stock turned positive on Tuesday. Though the stock opened at $30.71, the bulls momentum made the stock top out at $31.43 level for the day. The stock recorded a low of $30.54 and closed the trading day at $31.43, in the green by 2.88%. The total traded volume for the day was 1,731,765. The stock had closed at $30.55 in the previous days trading.

In an insider trading activity, Makinen Michael, officer (Chief Operating Officer) of Equity One, Inc., unloaded 1,400 shares at an average price of $29.77 on May 16, 2016. The total amount of the transaction was worth $41,678, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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.

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