Analyst Price Target is $21.50
▲ +20.92% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Mack-Cali Realty in the last 3 months. The average price target is $21.50, with a high forecast of $26.00 and a low forecast of $17.00. The average price target represents a 20.92% upside from the last price of $17.78.
Current Consensus is
The current consensus among 2 contributing investment analysts is to buy stock in Mack-Cali Realty. This rating changed within the last month from a Hold consensus rating.
One of the country's leading real estate investment trusts (REITs), Mack-Cali Realty Corporation is an owner, manager and developer of premier office and multifamily properties in select waterfront and transit-oriented markets throughout New Jersey. Mack-Cali is headquartered in Jersey City, New Jersey, and is the visionary behind the city's flourishing waterfront, where the company is leading development, improvement and place-making initiatives for Harborside, a master-planned destination comprised of class A office, luxury apartments, diverse retail and restaurants, and public spaces. A fully integrated and self-managed company, Mack-Cali has provided world-class management, leasing, and development services throughout New Jersey and the surrounding region for over two decades. By regularly investing in its properties and innovative lifestyle amenity packages, Mack-Cali creates environments that empower tenants and residents to reimagine the way they work and live.