Tanger Inc has a consensus price target of $32.09 based on the ratings of 11 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 Deutsche Bank, Goldman Sachs, and Citigroup on December 17, 2024, November 15, 2024, and November 13, 2024, respectively. With an average price target of $37.67 between Deutsche Bank, Goldman Sachs, and Citigroup, there's an implied 9.69% 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 Deutsche Bank on December 17, 2024. The analyst firm set a price target for $37.00 expecting SKT to rise to within 12 months (a possible 7.75% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Tanger (NYSE:SKT) was provided by Deutsche Bank, and Tanger initiated their hold 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 December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest Tanger (SKT) rating was a initiated with a price target of $0.00 to $37.00. The current price Tanger (SKT) is trading at is $34.34, which is within the analyst’s predicted range.
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