Retail Opportunity Investments (NASDAQ:ROIC) Target Raised by Citigroup Inc to $11.00

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Retail Opportunity Investments stock has undergone multiple analysts rating changes in the recent past.  Retail Opportunity Investments stock Target Raised by   Citigroup Inc on 7/2/2020. In a note to investors, the firm issued a new target price of $11.00. The analysts previously had $7.00 target price. Citigroup Inc’s price target would indicate a potential upside of -2.74% from the stock’s previous close.

Shares of Retail Opportunity Investments traded down -$0.15 on Thursday, reaching $11.16. 1371832 shares of the stock traded hands, compared to its average volume of 1904376. Shares of Retail Opportunity Investments were trading at $11.16 on Thursday at close. The firm’s 50 day moving average is $$10.24 and its 200 day moving average is $14.39.Retail Opportunity Investments  has a 12 month low of $11.05 and a 12 month high of $19.18. While on yearly highs and lows, Retail Opportunity Investments today has traded high as $11.87 and has touched $11.05 on the downward trend.

Retail Opportunity Investments Earnings and What to expect: 

Retail Opportunity Investments last announced its quarterly earnings data on April 22nd, 2020. The real estate investment trust reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. The company had revenue of $74.87 million for the quarter, compared to the consensus estimate of $75.06 million. Retail Opportunity Investments has generated $1.10 earnings per share over the last year and currently has a price-to-earnings ratio of 26.6. Retail Opportunity Investments has confirmed that its next quarterly earnings report will be published on Wednesday, July 29th, 2020. Retail Opportunity Investments will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 2.50%
  • On 4/28/2020 Director Eric S Zorn Buy 29,112 at average share price of $9.22 which equates to $268,412.64 in money value.
  • On 11/15/2019 CFO Michael B Haines Sell 10,000 at average price of  $18.18 with total value of : Not Data Available
  • On 11/15/2019 COO Richard K Schoebel Sell 54,325 at average price of  $86.51 with total value of : $4,699,655.75
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Retail Opportunity Investments

  • 6/15/2020 – Retail Opportunity Investments had its price target raised by analysts at KeyCorp from $11.00 to $13.00. They now have an “overweight” rating on the stock. (View)
  • 6/4/2020 – Retail Opportunity Investments was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating. (View)
  • 5/10/2020 – Retail Opportunity Investments had its “buy” rating re-affirmed by analysts at Royal Bank of Canada. They now have a $13.00 price target on the stock. (View)
  • 5/6/2020 – Retail Opportunity Investments was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating. (View)
  • See More Analyst Rating at: RATING

Other rating updates by Citigroup Inc: 

  • 7/3/2020 – SSP Group had its “buy” rating re-affirmed by analysts at Citigroup Inc. They now have a GBX 335 price target on the stock. (View)
  • 7/2/2020 – OTCMKTS:PROSY had its “buy” rating re-affirmed by analysts at Citigroup Inc. (View)
  • 7/2/2020 – Agree Realty had its price target raised by analysts at Citigroup Inc from $70.00 to $76.00. They now have a “buy” rating on the stock. (View)
  • 7/2/2020 – Regency Centers had its price target raised by analysts at Citigroup Inc from $38.00 to $46.00. They now have a “neutral” rating on the stock. (View)
  • See More Analyst Rating at: RATING

Retail Opportunity Investments (NASDAQ:ROIC) Moving Average Technical Analysis

5 day Moving Average is $$11.30 And 5 day price change is -$0.18 (-1.59%)  with average volume for 5 day average is 1,821,200. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $11.62 and 20 day price change is -$0.99 (-8.15%) and average 20 day moving volume is 1,859,900. 50 day moving average is $10.24  and 50 day price change is $3.55 ( 46.65%)  and with average volume for 50 days is : 2,053,058. 200 day moving average is $14.39  and 200 day price change is -$7.15 (-39.05%)  and with average volume for 200 days is : 1,506,524.

See More Analyst Rating at: RATING