On a relative basis, the stock has outperformed the S&P 500 by 2% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The 4-week change in the price of the stock is -0.06% and the stock has fallen -0.84% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2% and the 50-Day Moving Average is 3.26%.The 200 Day SMA reached 4.78% Retail Properties of America, Inc. is up 3.43% in the last 3-month period. Year-to-Date the stock performance stands at 14.04%.
Retail Properties of America (RPAI) : The highest level Retail Properties of America (RPAI) is projected to reach is $19 for the short term and the lowest estimate is at $18. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $18.38 and the possibility the share price can swing is $0.48.
For the current week, the company shares have a recommendation consensus of Buy. Retail Properties of America (NYSE:RPAI): The stock opened at $16.38 and touched an intraday high of $16.53 on Friday. During the day, the stock corrected to an intraday low of $16.2901, however, the bulls stepped in and pushed the price higher to close in the green at $16.49 with a gain of 0.49% for the day. The total traded volume for the day was 1,472,021. The stock had closed at $16.49 in the previous trading session.
Retail Properties of America, Inc. is a real estate investment trust (REIT). The Company owns and operates shopping centers in the United States. The Companys retail operating portfolio includes power centers, neighborhood and community centers, and lifestyle centers and predominantly multi-tenant retail mixed-use properties, as well as single-user retail properties. Its properties include 23rd Street Plaza, Panama City; Academy Sports, Houma; Academy Sports, Midland; Academy Sports, Port Arthur; Arvada Connection and Arvada Marketplace, Arvada; The Brickyard, Chicago; Broadway Shopping Center, Bangor, and Cinemark Seven Bridges, Woodridge, among others. It also owns a property, Towson Square, which is approximately 138,000 square foot entertainment based center, including a range of national and regional restaurant concepts. The Company owns approximately 201 retail operating properties representing over 29.2 million square feet.