Robert W. Baird analyst Wes Golladay maintained a Hold rating on Retail Properties of America (NYSE:RPAI) Inc on Tuesday, setting a price target of $12, which is approximately 4.53% above the present share price of $11.48.
Golladay expects Retail Properties of America Inc to post earnings per share (EPS) of $0.02 for the second quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Hold rating of shares in Retail Properties of America, with an average price target of $12.17.
The analysts price targets range from a high of $12.5 to a low of $12.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $119.38 million and a net profit of $23.4 million. The company's market cap is $2.47 billion.
According to TipRanks.com, Robert W. Baird analyst Wes Golladay is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.3% and a 63.76% success rate.
Retail Properties of America, Inc. operates as a real estate investment trust. Its retail operating portfolio includes: power centers; neighborhood and community centers; and lifestyle centers and multi-tenant retail-focused mixed-use properties, as well as single-user retail properties. The company was founded on March 5, 2003 and is headquartered in Oak Brook, IL.