Analyst Price Target is $14.00
▲ +49.89% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Seritage Growth Properties in the last 3 months. The average price target is $14.00, with a high forecast of $14.00 and a low forecast of $14.00. The average price target represents a 49.89% upside from the last price of $9.34.
Current Consensus is
Buy
The current consensus among 1 investment analysts is to buy stock in Seritage Growth Properties. This Buy consensus rating has held steady for over two years.
Seritage is principally engaged in the ownership, development, redevelopment, management and leasing of retail and mixed-use properties throughout the United States. As of September 30, 2023, the Company's portfolio consisted of interests in 42 properties comprised of approximately 5.6 million square feet of gross leasable area ("GLA") or build-to-suit leased area, approximately 126 acres held for or under development and approximately 2.9 million square feet or approximately 259 acres to be disposed of. The portfolio consists of approximately 4.3 million square feet of GLA held by 33 wholly owned properties (such properties, the "Consolidated Properties") and 1.2 million square feet of GLA held by 9 unconsolidated entities (such properties, the "Unconsolidated Properties").
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