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Tanger

SKTNYSE
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$36.43
00.00%
Pre-Market: 4:00 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$41.00
Lowest Price Target1
$20.00
Consensus Price Target1
$31.60

Tanger (NYSE:SKT) Stock, Analyst Ratings, Price Targets, Forecasts

Tanger Inc has a consensus price target of $31.6 based on the ratings of 10 analysts. The high is $41 issued by Citigroup on November 13, 2024. The low is $20 issued by B of A Securities on August 22, 2023. The 3 most-recent analyst ratings were released by Goldman Sachs, Citigroup, and B of A Securities on November 15, 2024, November 13, 2024, and November 11, 2024, respectively. With an average price target of $38.67 between Goldman Sachs, Citigroup, and B of A Securities, there's an implied 6.14% upside for Tanger Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
0
0
Aug
1
Sep
1
1
Oct
2
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Goldman Sachs
Citigroup
B of A Securities
Evercore ISI Group
Compass Point

1calculated from analyst ratings

Analyst Ratings for Tanger

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Tanger (SKT) stock?

A

The latest price target for Tanger (NYSE:SKT) was reported by Goldman Sachs on November 15, 2024. The analyst firm set a price target for $35.00 expecting SKT to fall to within 12 months (a possible -3.93% downside). 18 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Tanger (SKT)?

A

The latest analyst rating for Tanger (NYSE:SKT) was provided by Goldman Sachs, and Tanger maintained their neutral rating.

Q

When was the last upgrade for Tanger (SKT)?

A

The last upgrade for Tanger Inc happened on November 11, 2024 when B of A Securities raised their price target to $40. B of A Securities previously had a neutral for Tanger Inc.

Q

When was the last downgrade for Tanger (SKT)?

A

The last downgrade for Tanger Inc happened on November 8, 2023 when Compass Point changed their price target from N/A to $26 for Tanger Inc.

Q

When is the next analyst rating going to be posted or updated for Tanger (SKT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Tanger, 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 Tanger was filed on November 15, 2024 so you should expect the next rating to be made available sometime around November 15, 2025.

Q

Is the Analyst Rating Tanger (SKT) correct?

A

While ratings are subjective and will change, the latest Tanger (SKT) rating was a maintained with a price target of $31.00 to $35.00. The current price Tanger (SKT) is trading at is $36.43, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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