Brokerage Firm Rating on CBL & Associates Properties (CBL)

CBL & Associates Properties (CBL) : Zacks Investment Research ranks CBL & Associates Properties (CBL) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 13 research analysts is 2.79, which indicates as a Hold.

CBL & Associates Properties (CBL) : Currently there are 10 street experts covering CBL & Associates Properties (CBL) stock. The most bullish and bearish price target for the stock is $18 and $9 respectively for the short term. The average price target of all the analysts comes to $13. The estimated standard deviation from the target is $3.2.


Company shares have received an average consensus rating of Hold for the current week CBL & Associates Properties (NYSE:CBL): The stock opened at $12.55 on Thursday but the bulls could not build on the opening and the stock topped out at $12.79 for the day. The stock traded down to $12.25 during the day, due to lack of any buying support eventually closed down at $12.45 with a loss of -0.95% for the day. The stock had closed at $12.57 on the previous day. The total traded volume was 4,116,326 shares.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CFO of Cbl & Associates Properties Inc, Mitchell Farzana K, had purchased 825 shares in a transaction dated on November 10, 2015. The transaction was executed at $13.3 per share with total amount equaling $10,973.

CBL & Associates Properties, Inc. (CBL) is a self-managed, self-administered, fully integrated real estate investment trust (REIT). The Company owns, develops, acquires, leases, manages, and operates regional shopping malls, open-air centers, outlet centers, associated centers, community centers and office properties. Its properties are located in 27 states, but are primarily in the southeastern and midwestern United States. It is the 100% owner of two qualified REIT subsidiaries, CBL Holdings I, Inc. and CBL Holdings II, Inc. As of December 31, 2014, the Company owned a controlling interest in 72 Malls and non-controlling interests in 9 Malls; a controlling interest in 25 Associated Centers and a non-controlling interest in four Associated Centers; a controlling interest in six Community Centers and a non-controlling interest in five Community Centers, and a controlling interest in eight Office Buildings and a non-controlling interest in five Office Buildings.

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