On a relative basis, the stock has outperformed the S&P 500 by 1.91% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The 4-week change in the price of the stock is -0.16% and the stock has fallen -4.95% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.13% and the 50-Day Moving Average is 3.31%.The 200 Day SMA reached 13.76% CBL & Associates Properties Inc. is up 33.26% in the last 3-month period. Year-to-Date the stock performance stands at 8.05%.
CBL & Associates Properties (CBL) stock is expected to deviate a maximum of $3.4 from the average target price of $14.44 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $20 and the most muted being $9.
Company shares have received an average consensus rating of Hold for the current week CBL & Associates Properties (NYSE:CBL): stock was range-bound between the intraday low of $12.43 and the intraday high of $12.77 after having opened at $12.65 on Fridays session. The stock finally closed in the red at $12.65, a loss of -0.63%. The stock remained in the red for the whole trading day. The total traded volume was 4,700,599 shares. The stock failed to cross $12.77 in Fridays trading. The stocks closing price on Thursday was $12.68.
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.