DDR (DDR) : 1 brokerage houses believe that DDR (DDR) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 11 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on DDR (DDR). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 14 Wall Street Analysts endorse the stock as a Hold with a rating of 2.93.
DDR (DDR) : 10 Wall Street analysts covering DDR (DDR) believe that the average level the stock could reach for the short term is $19.1. The maximum price target given is $21 and the minimum target for short term is around $17, hence the standard deviation is calculated at $1.26.
Company shares have received an average consensus rating of Hold for the current week DDR (NYSE:DDR): The stock opened at $19.22 on Thursday but the bulls could not build on the opening and the stock topped out at $19.25 for the day. The stock traded down to $18.76 during the day, due to lack of any buying support eventually closed down at $18.77 with a loss of -2.19% for the day. The stock had closed at $19.19 on the previous day. The total traded volume was 2,915,483 shares.
In a related news,The director of Ddr Corp, Macfarlane Victor B sold 38,996 shares at $19.34 on July 29, 2016. The Insider selling transaction had a total value worth of $754,183. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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.