Retail Opportunity Investments (ROIC) : The consensus on Retail Opportunity Investments (ROIC) based on 10 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Retail Opportunity Investments (ROIC) : 9 Wall Street analysts covering Retail Opportunity Investments (ROIC) believe that the average level the stock could reach for the short term is $21.44. The maximum price target given is $25 and the minimum target for short term is around $19, hence the standard deviation is calculated at $2.13.
For the current week, the company shares have a recommendation consensus of Buy.
Retail Opportunity Investments (NASDAQ:ROIC): The stock opened at $22.52 on Tuesday but the bulls could not build on the opening and the stock topped out at $22.60 for the day. The stock traded down to $22.09 during the day, due to lack of any buying support eventually closed down at $22.30 with a loss of -1.24% for the day. The stock had closed at $22.58 on the previous day. The total traded volume was 1,009,140 shares.
Retail Opportunity Investments Corp. (ROIC) is an integrated, self-managed real estate investment trust (REIT). The Company is engaged in the ownership, management, and redevelopment of retail real estate properties. The Company also operates in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores. The Company focuses on acquiring shopping centers located in densely populated, supply-constrained metropolitan markets in the western regions of the United States. The Company also focuses on acquiring necessity-based community and neighborhood shopping centers anchored by national and regional supermarkets and drugstores. The Companys wholly-owned subsidiary, Retail Opportunity Investments GP, LLC, is the general partner of the Operating Partnership.