Zacks Rating on CBL & Associates Properties (CBL)

CBL & Associates Properties (CBL) : The consensus on CBL & Associates Properties (CBL) based on 12 analyst recommendation on the company stock is 2.78, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

CBL & Associates Properties (CBL) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $18 and the lowest price target forecast is $9. The average forecast of all the analysts is $13.17 and the expected standard deviation is $2.93.


Shares of CBL & Associates Properties Inc. rose by 0.31% in the last five trading days and 14.88% for the last 4 weeks. CBL & Associates Properties Inc. is up 29.39% in the last 3-month period. Year-to-Date the stock performance stands at 9.84%. CBL & Associates Properties (NYSE:CBL): stock turned positive on Tuesday. Though the stock opened at $12.85, the bulls momentum made the stock top out at $12.939 level for the day. The stock recorded a low of $12.75 and closed the trading day at $12.89, in the green by 0.78%. The total traded volume for the day was 1,485,920. The stock had closed at $12.79 in the previous days trading.

CBL & Associates Properties, Inc. (CBL) is a self-managed, self-administered, fully integrated real estate investment trust (REIT). The Company owns, develops, acquires, leases, manages, and operates regional shopping malls, open-air centers, outlet centers, associated centers, community centers and office properties. Its properties are located in 27 states, but are primarily in the southeastern and midwestern United States. It is the 100% owner of two qualified REIT subsidiaries, CBL Holdings I, Inc. and CBL Holdings II, Inc. As of December 31, 2014, the Company owned a controlling interest in 72 Malls and non-controlling interests in 9 Malls; a controlling interest in 25 Associated Centers and a non-controlling interest in four Associated Centers; a controlling interest in six Community Centers and a non-controlling interest in five Community Centers, and a controlling interest in eight Office Buildings and a non-controlling interest in five Office Buildings.

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