BMO Capital analyst Jeremy Metz maintained a Hold rating on Taubman Centers (NYSE:TCO) on Wednesday, setting a price target of $53, which is approximately 26.28% above the present share price of $41.97.
Metz expects Taubman Centers to post earnings per share (EPS) of -$0.54 for the second quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Hold rating of shares in Taubman Centers, with an average price target of $52.5.
The analysts price targets range from a high of $52.5 to a low of $52.5.
In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $176.74 million and a net profit of $42.98 million. The company's market cap is $2.67 billion.
According to TipRanks.com, BMO Capital analyst Jeremy Metz is a 3-star analyst with an average return of 0.7% and a 48.5% success rate.
Taubman Centers, Inc. operates as a real estate investment trust. It is engaged in the ownership, leasing, acquisition, disposition, development, expansion, and management of regional shopping centers. The company was founded by A. Alfred Taubman in 1950 and is headquartered in Bloomfield Hills, MI.