Equity One (EQY) : Zacks Investment Research ranks Equity One (EQY) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 3.13, which indicates as a Hold.
Equity One (EQY) stock is expected to deviate a maximum of $2.07 from the average target price of $31.6 for the short term period. 5 Street Experts have initiated coverage on the stock with the most promising target being $35 and the most muted being $30.
Company shares have received an average consensus rating of Hold for the current week Also, BTIG Research initiates coverage on Equity One (NYSE:EQY) The brokerage firm has issued a Neutral rating on the shares. The rating by the firm was issued on August 25, 2016.
Equity One (NYSE:EQY): The stock opened at $31.53 and touched an intraday high of $31.59 on Wednesday. During the day, the stock corrected to an intraday low of $31.39, however, the bulls stepped in and pushed the price higher to close in the green at $31.58 with a gain of 0.10% for the day. The total traded volume for the day was 1,135,299. The stock had closed at $31.55 in the previous trading session.
Equity One, Inc. is a real estate investment trust (REIT). The Company owns, manages, acquires, develops and redevelops shopping centers and retail properties located in supply constrained suburban and urban communities. The Companys subsidiaries include DIM Vastgoed, N.V. and C&C (US) No. 1, Inc. Its property portfolio include Circle Center West, Culver Center, Aventura Square, Bird Ludlum, Greenwood, Pavilion, Sheridan Plaza, Westport Plaza, Alafaya Village, Ryanwood, Plaza Escuela, Southbury Green, Buckhead Station, Hampton Oaks, Quincy Star Market, Elmwood Oaks, Centre Pointe Plaza and Westwood Towers, among others. These properties are located in Florida, California, Connecticut, New York, Georgia, Massachusetts, Louisiana, Maryland and North Carolina. Its consolidated shopping center portfolio comprised approximately 122 properties, including over 102 retail properties and approximately five non-retail properties totaling approximately 13.5 million square feet of GLA.