Taubman Centers (NYSE:TCO) is scheduled to announce its earnings results after the market closes on Wednesday, February 13th. Analysts expect the company to announce earnings of $0.88 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.
Shares of NYSE TCO opened at $49.17 on Tuesday. Taubman Centers has a twelve month low of $43.44 and a twelve month high of $65.50. The company has a market capitalization of $3.01 billion, a P/E ratio of 13.29, a PEG ratio of 4.88 and a beta of 0.83.
A number of equities analysts recently weighed in on TCO shares. Sandler O’Neill upgraded shares of Taubman Centers from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $58.00 to $64.00 in a report on Monday, October 22nd. KeyCorp set a $69.00 target price on shares of Taubman Centers and gave the company a “buy” rating in a research note on Thursday, December 20th. Morgan Stanley upgraded shares of Taubman Centers from an “underweight” rating to an “equal weight” rating and set a $50.85 target price for the company in a research note on Sunday, December 2nd. Zacks Investment Research upgraded shares of Taubman Centers from a “sell” rating to a “hold” rating in a research note on Monday, November 26th. Finally, BMO Capital Markets reiterated a “hold” rating and set a $62.00 target price on shares of Taubman Centers in a research note on Monday, October 29th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company. Taubman Centers has an average rating of “Hold” and a consensus target price of $60.80.
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Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet shopping centers in the U.S. and Asia. Taubman's U.S.-owned properties are the most productive in the publicly held U.S. regional mall industry.
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