DDR (DDR) has been under a strong bear grip, hence the stock is down -6.03% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.32% in the past 1 week. The stock has risen by 0.65% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.23% in the past 4 weeks.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.48% and the fifty day Moving Average is 1.32%. DDR Corp. is up 7.3% in the last three month period. Year-to-Date the stock performance stands at 9.92%.
DDR (DDR) stock is expected to deviate a maximum of $1.27 from the average target price of $19.18 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $21 and the most muted being $17.
DDR (NYSE:DDR): stock turned positive on Friday. Though the stock opened at $18.6, the bulls momentum made the stock top out at $18.73 level for the day. The stock recorded a low of $18.3 and closed the trading day at $18.51, in the green by 0.11%. The total traded volume for the day was 5,103,906. The stock had closed at $18.49 in the previous days trading.
DDR Corp. (DDR) is a self-administered and self-managed real estate investment trust (REIT). The Company is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. In addition, the Company engages in the origination and acquisition of loans and debt securities, which are generally collateralized directly or indirectly by shopping centers. The Company owns and manages approximately 415 shopping centers representing 118 million square feet in 41 states and Puerto Rico. DDR has completed 53 redevelopment projects. Its properties include Eastland Center in California, Easton Market in Ohio and The Maxwell in Illinois.