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.
1calculated from analyst ratings
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.
The latest analyst rating for Tanger (NYSE:SKT) was provided by Goldman Sachs, and Tanger maintained their neutral rating.
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.
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.
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.
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.
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