Analyst Price Target is $16.17
▼ -6.93% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for Retail Opportunity Investments in the last 3 months. The average price target is $16.17, with a high forecast of $17.50 and a low forecast of $14.00. The average price target represents a -6.93% upside from the last price of $17.37.
Current Consensus is
Reduce
The current consensus among 7 contributing investment analysts is to reduce stock in Retail Opportunity Investments. This rating changed within the last month from a Hold consensus rating.
Retail Opportunity Investments Corp. (Nasdaq: ROIC), is a fully integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely populated, metropolitan markets across the West Coast. As of December 31, 2023, ROIC owned 94 shopping centers encompassing approximately 10.6 million square feet. ROIC is the largest publicly-traded, grocery-anchored shopping center REIT focused exclusively on the West Coast. ROIC is a member of the S&P SmallCap 600 Index and has investment-grade corporate debt ratings from Moody's Investor Services, S&P Global Ratings and Fitch Ratings, Inc.
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