Analyst Price Target is $16.00
▲ +51.70% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Melcor Developments in the last 3 months. The average price target is $16.00, with a high forecast of $16.00 and a low forecast of $16.00. The average price target represents a 51.70% upside from the last price of $10.55.
Current Consensus is
The current consensus among 1 polled investment analysts is to hold stock in Melcor Developments.
Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Community Development, Property Development, Melcor REIT, Investment Properties, and Recreational Property segments. It develops and manages owns mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses. The company purchases and develops land to be sold as residential, industrial, and commercial lots; develops, constructs, and leases retail, office, and industrial properties, as well as multi-family residential properties; and acquires and owns residential, office, retail, and industrial properties. It also owns and manages three 18-hole championship golf courses. Melcor Developments Ltd. was founded in 1923 and is headquartered in Edmonton, Canada.