JPMorgan Chase Upgrades Ramco-Gershenson Properties Trust to “Neutral” (RPT) - InvestingChannel

JPMorgan Chase Upgrades Ramco-Gershenson Properties Trust to “Neutral” (RPT)

Ramco-Gershenson Properties Trust (NYSE: RPT)

A number of other analysts have also recently weighed in on RPT. Analysts at Deutsche Bank raised their price target on shares of Ramco-Gershenson Properties Trust from $13.00 to $14.00 in a research note to investors on Wednesday, January 9th. They now have a ?hold? rating on the stock. Analysts at Stifel Nicolaus raised their price target on shares of Ramco-Gershenson Properties Trust from $15.00 to $16.00 in a research note to investors on Friday, December 28th. They now have a ?buy? rating on the stock. One research analyst has rated the stock with a buy rating, one has given an overweight rating, three have issued a hold rating, and one has assigned a sell rating to the company?s stock. The stock currently has a consensus rating of ?hold? and an average price target of $14.40. Ramco-Gershenson Properties Trust opened at 14.22 on Wednesday. Ramco-Gershenson Properties Trust has a 52-week low of $10.46 and a 52-week high of $14.23. The stock?s 50-day moving average is currently $13.56. The company?s market cap is $678.4 million. Ramco-Gershenson Properties Trust is a publicly-traded real estate investment trust (REIT), which owns, develops, acquires, manages and leases community shopping centers and one regional mall, in the Midwestern, Southeastern and Mid-Atlantic regions of the United States.