Analyst Rating Update on DDR (DDR)

DDR (DDR) : Zacks Investment Research ranks DDR (DDR) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 12 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 2.93, which indicates as a Hold.

DDR (DDR) : The most positive equity analysts on DDR (DDR) expects the shares to touch $21, whereas, the least positive believes that the stock will trade at $17 in the short term. The company is covered by 11 Wall Street Brokerage Firms. The average price target for shares are $18.91 with an expected fluctuation of $1.36 from the mean.

Company shares have received an average consensus rating of Hold for the current week Also, Major Brokerage house, Credit Suisse downgrades its ratings on DDR (NYSE:DDR). In the latest research report, Credit Suisse maintains the target price to $18.5 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on July 27, 2016.


DDR (NYSE:DDR): The stock opened at $19.44 on Wednesday but the bulls could not build on the opening and the stock topped out at $19.47 for the day. The stock traded down to $19.19 during the day, due to lack of any buying support eventually closed down at $19.44 with a loss of -0.05% for the day. The stock had closed at $19.45 on the previous day. The total traded volume was 3,202,881 shares.

DDR Corp. (DDR) is a self-administered and self-managed real estate investment trust (REIT). The Company is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. In addition, the Company engages in the origination and acquisition of loans and debt securities, which are generally collateralized directly or indirectly by shopping centers. The Company owns and manages approximately 415 shopping centers representing 118 million square feet in 41 states and Puerto Rico. DDR has completed 53 redevelopment projects. Its properties include Eastland Center in California, Easton Market in Ohio and The Maxwell in Illinois.

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