Impact of Brokerage Rating on Retail Properties of America, Inc.(RPAI)

Many Retail Properties of America, Inc.(RPAI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Retail Properties of America Inc was Downgraded by Deutsche Bank on Jan 9, 2017 to Hold, Lowers Price Target to $ 16 from a previous price target of $18 .Retail Properties of America Inc was Upgraded by JP Morgan to Neutral on Dec 16, 2016.

Company has reported several Insider transactions to the SEC, on Jun 9, 2016, Bonnie Biumi (director) purchased 2,000 shares at 16.24 per share price.On Feb 26, 2016, Thomas J Sargeant (director) purchased 800 shares at 26.00 per share price.On Sep 9, 2015, Richard P Imperiale (director) purchased 3,000 shares at 13.20 per share price.

Retail Properties of America Inc Last issued its quarterly earnings results on Feb 14, 2017. The company reported $0.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.24.Analysts expectations of $ 141.86.During the same quarter in the previous year, the company posted $0.26 EPS.

Retail Properties of America, Inc. (NYSE:RPAI) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.14 by 7 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold.

Retail Properties of America, Inc. (NYSE:RPAI) stock has received a short term price target of $ 17.42 from 6 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $1.39. The higher estimate of target price is $19 , while the lower price target estimate is $16

Retail Properties of America, Inc. (NYSE:RPAI) witnessed a decline in the market cap on Tuesday as its shares dropped 0.59% or 0.09 points. After the session commenced at $15.16, the stock reached the higher end at $15.16 while it hit a low of $15.005. With the volume soaring to 2,095,589 shares, the last trade was called at $15.1. The company has a 52-week high of $17.78. The company has a market cap of $3,584 million and there are 237,374,540 shares in outstanding. The 52-week low of the share price is $14.02.

Retail Properties of America, Inc. is a real estate investment trust that owns and operates shopping centers in the United States. Its retail-operating portfolio includes power centers, community centers, neighborhood centers, lifestyle centers and single-user retail properties. The Companys retail properties are primarily located in retail districts. Retail Properties of America, Inc. is headquartered in Oak Brook, IL.

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