Taubman Centers (TCO) : During the past 4 weeks, traders have been relatively bearish on Taubman Centers (TCO), hence the stock is down -5.49% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.87% relative to the S&P 500. The 4-week change in the price of the stock is -6% and the stock has fallen -2.71% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.28% and the 50-Day Moving Average is 4.09%.The 200 Day SMA reached 1.88%
Taubman Centers (NYSE:TCO): The stock opened in the green at $75.39 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $75.61 and a low of $74.4 for the day. The stock did not find buyers even at the lows and closed at $74.41 recording a loss of -0.59%. 711,587 shares exchanged hands during the trading day. The stock had closed at $74.41 in the previous days trading.
Taubman Centers (TCO) : Average target price received by Taubman Centers (TCO) is $84 with an expected standard deviation of $4.47. The most aggressive target on the stock is $92, whereas the most downbeat target is $78. 8 financial analysts are currently covering the stock.
Taubman Centers, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Taubman Realty Group Limited Partnership (TRG) is a partnership subsidiary of the Company that owns direct or indirect interests in all of its real estate properties. The Company owns, leases, acquires, disposes of, develops, expands and manages regional and super-regional shopping centers and interests therein. The Companys portfolio of operating centers, as of December 31, 2014, consisted of 18 urban and suburban shopping centers in 10 states. The centers are located in metropolitan areas, including Denver, Detroit, Los Angeles, Miami, Nashville, New York City, Orlando, Salt Lake City, San Francisco, Sarasota, Saint Louis, Tampa and Washington, D.C. The centers range in size between 236,000 and 1.6 million square feet of gross leasable area (GLA) and between 186,000 and 671,000 square feet of Mall GLA with an average of 1 million and 0.5 million square feet, respectively.