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Macerich (MAC) “In-line” Rating by Evercore ISI from “Underperform”

Evercore Analyst Rating Change Macerich MAC

Macerich (MAC) Upgrade

In a report published on Friday morning, Evercore ISI has increased Macerich (MAC) Stock to “In-line”. MAC’s old rating was “Underperform”.

Despite the stock rating upgrade MAC is at the moment trading 0.00% lower at $0.00 as of 8:06 AM New York time. Macerich shares have [From2] 0% in the past 200 days, while the S&P 500 has increased 6.00% for the same time period.

According to data compiled by Thomson Reuters, Macerich (MAC)’s stock is covered by 15 equity analysts across the Street, with 1 analysts giving it a Sell rating, 2 a Buy rating, while 17 consider it a Hold. The 12-month consensus target price for the stock is $82.13, which reflects an upside potential of ∞% over the current price.

MAC Stock Chart

Institutional Ownership

Ontario Teachers Pension Plan Board had the most significant stake with ownership of 23.29M shares as of q2 2015 for 18.43% of the US long stock exposure. Oakwood Capital Management Llc Ca is another bull as the investment professional who is having 263,302 shares of Macerich or 5.47% of their US long stock exposure. Furthermore, Barings Real Estate Advisers Llc have 4.31% of their US long stock exposure invested in the company for 170,451 shares. The New York-based fund South Street Advisors Llc disclosed it had purchased a stake worth about 3.29% of the investment professional’s stock portfolio in Macerich. The New York-based fund Third Avenue Management Llc is also positive about the stock, possessing 131,915 shares or 2.88% of their US long stock exposure.

Macerich (MAC) closed at $0 yesterday. A total of shares of the company’s stock traded hands. This is down from average of shares. Macerich has a 52 week low of $0.00 and a 52 week high of $0. The company has a market cap of $ and a P/E ratio of 0.

Get the latest Macerich (MAC) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Macerich (MAC) “In-line” Rating by Evercore ISI from “Underperform” appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Macerich (MAC) “In-line” Rating by Evercore ISI from “Underperform”

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