Keybanc Reiterates Rating on MAC $MAC
Key Points
- Keybanc now rates The Macerich Company ($MAC) "buy" with a $27 target.
- Keybanc's $27 price target implies 6.09% upside from The Macerich Company's ($MAC) current $25.45 share price.
- The Street's average $MAC price target is $26.94 (Buy).
- $MAC last traded around $25.45.
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Keybanc reiterated its rating on The Macerich Company ($MAC) to a "buy" rating in a recent research note and set a price target of $27, a 6.09% upside from the current price.
The Macerich Company Stock Up 7.2%
Shares of The Macerich Company ($MAC) traded around $25.45 on Saturday, up 7.2% for the day.
The Macerich Company Earnings
The Macerich Company Dividend
Analysts Set New Price Targets
About The Macerich Company
The Macerich Company is a fully integrated, self-managed, self-administered real estate investment trust (REIT). As a leading owner, operator, and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns approximately 40 million square feet of real estate, consisting primarily of interests in 38 retail centers. The Macerich Company was incorporated in 1964 in Maryland and is based in Santa Monica, California.
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