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Retail Opportunity Investments Corp has a consensus price target of $16.5 based on the ratings of 9 analysts. The high is $19 issued by Wells Fargo on April 7, 2022. The low is $12 issued by B of A Securities on April 5, 2024. The 3 most-recent analyst ratings were released by BMO Capital, Baird, and Wells Fargo on November 8, 2024, November 7, 2024, and August 28, 2024, respectively. With an average price target of $17 between BMO Capital, Baird, and Wells Fargo, there's an implied -2.19% downside for Retail Opportunity Investments Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Retail Opportunity (NASDAQ:ROIC) was reported by BMO Capital on November 8, 2024. The analyst firm set a price target for $17.50 expecting ROIC to rise to within 12 months (a possible 0.69% upside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Retail Opportunity (NASDAQ:ROIC) was provided by BMO Capital, and Retail Opportunity maintained their market perform rating.
The last upgrade for Retail Opportunity Investments Corp happened on January 5, 2024 when Keybanc raised their price target to $16. Keybanc previously had a sector weight for Retail Opportunity Investments Corp.
The last downgrade for Retail Opportunity Investments Corp happened on November 7, 2024 when Baird changed their price target from $16 to $17.5 for Retail Opportunity Investments Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Retail Opportunity, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Retail Opportunity was filed on November 8, 2024 so you should expect the next rating to be made available sometime around November 8, 2025.
While ratings are subjective and will change, the latest Retail Opportunity (ROIC) rating was a maintained with a price target of $17.00 to $17.50. The current price Retail Opportunity (ROIC) is trading at is $17.38, which is within the analyst’s predicted range.
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