Analyst Price Target is C$14.00
▲ +15.13% 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 C$14.00, with a high forecast of C$14.00 and a low forecast of C$14.00. The average price target represents a 15.13% upside from the last price of C$12.16.
Current Consensus is
Hold
The current consensus among 1 investment analysts is to hold stock in Melcor Developments. This Hold consensus rating has held steady for over two years.
Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Community Development, Property Development, REIT, Investment Property, and Recreational Property segments. It develops, owns, and manages mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses. The company also purchases and develops land to be sold as residential, industrial, and commercial lots; develops and leases retail, office, industrial, and multi-family properties; and owns and leases commercial, retail, and residential properties, as well as parking lots and land. It also owns and manages three 18-hole golf courses. Melcor Developments Ltd. was founded in 1923 and is headquartered in Edmonton, Canada.
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