Tanger Inc has a consensus price target of $27.89 based on the ratings of 21 analysis. The 3 most-recent analyst ratings were released by Scotiabank, Compass Point, and Evercore ISI Group on May 17, 2024, May 2, 2024, and May 1, 2024, respectively. With an average price target of $29.33 between Scotiabank, Compass Point, and Evercore ISI Group, there's an implied 12.26% upside for Tanger Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/17/2024 | Buy Now | 7.16% | Scotiabank | Greg McGinniss | $20 → $28 | Upgrade | Sector Underperform → Sector Perform | Get Alert |
05/02/2024 | Buy Now | 22.46% | Compass Point | Floris Van Dijkum | → $32 | Upgrade | Neutral → Buy | Get Alert |
05/01/2024 | Buy Now | 7.16% | Evercore ISI Group | Samir Khanal | $29 → $28 | Maintains | In-Line | Get Alert |
04/05/2024 | Buy Now | 18.64% | B of A Securities | Jeffrey Spector | $24 → $31 | Upgrade | Underperform → Neutral | Get Alert |
03/22/2024 | Buy Now | 26.29% | Citigroup | Michael Bilerman | $30 → $33 | Upgrade | Neutral → Buy | Get Alert |
02/28/2024 | Buy Now | 10.98% | Evercore ISI Group | Samir Khanal | $28 → $29 | Maintains | In-Line | Get Alert |
02/20/2024 | Buy Now | 7.16% | Evercore ISI Group | Samir Khanal | $27 → $28 | Maintains | In-Line | Get Alert |
12/18/2023 | Buy Now | 10.98% | JP Morgan | Michael Mueller | $27 → $29 | Upgrade | Neutral → Overweight | Get Alert |
11/08/2023 | Buy Now | -0.5% | Compass Point | Floris Van Dijkum | → $26 | Downgrade | Buy → Neutral | Get Alert |
10/12/2023 | Buy Now | -4.32% | JP Morgan | Michael Mueller | $24 → $25 | Upgrade | Underweight → Neutral | Get Alert |
08/24/2023 | Buy Now | -8.15% | Citigroup | Nicholas Joseph | $20 → $24 | Maintains | Neutral | Get Alert |
08/22/2023 | Buy Now | -23.46% | B of A Securities | Craig Schmidt | $18.5 → $20 | Maintains | Underperform | Get Alert |
08/16/2023 | Buy Now | -0.5% | Goldman Sachs | Caitlin Burrows | → $26 | Downgrade | Buy → Neutral | Get Alert |
08/07/2023 | Buy Now | -11.98% | Evercore ISI Group | Samir Khanal | $22 → $23 | Maintains | In-Line | Get Alert |
08/07/2023 | Buy Now | -0.5% | Compass Point | Floris Van Dijkum | → $26 | Upgrade | Neutral → Buy | Get Alert |
05/31/2023 | Buy Now | -15.81% | Evercore ISI Group | Samir Khanal | $20 → $22 | Maintains | In-Line | Get Alert |
03/21/2023 | Buy Now | -15.81% | Goldman Sachs | Caitlin Burrows | → $22 | Reinstates | → Buy | Get Alert |
01/30/2023 | Buy Now | -19.63% | Compass Point | Floris Van Dijkum | → $21 | Downgrade | Buy → Neutral | Get Alert |
06/22/2022 | Buy Now | -19.63% | Compass Point | Floris Van Dijkum | $23 → $21 | Maintains | Buy | Get Alert |
11/05/2021 | Buy Now | -15.81% | Evercore ISI Group | Samir Khanal | — | Upgrade | Underperform → In-Line | Get Alert |
11/03/2021 | Buy Now | -11.98% | Compass Point | Floris Van Dijkum | — | Upgrade | Neutral → Buy | Get Alert |
The latest price target for Tanger (NYSE:SKT) was reported by Scotiabank on May 17, 2024. The analyst firm set a price target for $28.00 expecting SKT to rise to within 12 months (a possible 7.16% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for Tanger (NYSE:SKT) was provided by Scotiabank, and Tanger upgraded their sector perform rating.
The last upgrade for Tanger Inc happened on May 17, 2024 when Scotiabank raised their price target to $28. Scotiabank previously had a sector underperform 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 May 17, 2024 so you should expect the next rating to be made available sometime around May 17, 2025.
While ratings are subjective and will change, the latest Tanger (SKT) rating was a upgraded with a price target of $20.00 to $28.00. The current price Tanger (SKT) is trading at is $26.13, which is within the analyst’s predicted range.
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