KeyBanc analyst Todd Thomas maintained a Buy rating on Retail Opportunity Investments (NASDAQ:ROIC) on Monday, setting a price target of $13, which is approximately 13.04% above the present share price of $11.5.
Thomas expects Retail Opportunity Investments to post earnings per share (EPS) of $0.10 for the second quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Retail Opportunity Investments, with an average price target of $10.91.
The analysts price targets range from a high of $14 to a low of $7.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $74.87 million and a net profit of $27.99 million. The company's market cap is $1.34 billion.
According to TipRanks.com, KeyBanc analyst Todd Thomas is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 2.1% and a 42.31% success rate.
Retail Opportunity Investments Corp. operates as a self-managed real estate investment trust. The company engages in the ownership, management, and redevelopment of retail real estate properties. It specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely-populated, metropolitan markets across the West Coast. The company was founded on July 10, 2007 and is headquartered in San Diego, CA.