KeyBanc Downgrades Ramco-Gershenson Properties Trust (RPT) to Sector Weight
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Price: $13.15 +0.77%
Rating Summary:
5 Buy, 11 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
5 Buy, 11 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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KeyBanc analyst Todd Thomas downgraded Ramco-Gershenson Properties Trust (NYSE: RPT) from Overweight to Sector Weight.
The analyst steps to the sidelines citing recent outperformance. He likes managements focus on small-shop leasing, densification, and redevelopment for their value creation potential but feels those are medium-to-long term initiatives.
For an analyst ratings summary and ratings history on Ramco-Gershenson Properties Trust click here. For more ratings news on Ramco-Gershenson Properties Trust click here.
Shares of Ramco-Gershenson Properties Trust closed at $12.87 yesterday.
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