Tanger Factory Outlet Centers, Inc. (SKT) Social Stream
TANGER FACTORY OUTLET CENTERS INC (SKT) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering SKT.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-05 | 5 | $23 | $17 | $20 | $13.62 | 46.84% |
| 2022-02-24 | 5 | $23 | $18 | $20.75 | $13.62 | 52.35% |
| 2022-05-20 | 5 | $23 | $18 | $20.5 | $13.62 | 50.51% |
| 2022-06-01 | 5 | $23 | $18 | $20.25 | $13.62 | 48.68% |
| 2022-06-17 | 5 | $23 | $16 | $19.75 | $13.62 | 45.01% |
| 2022-08-13 | 5 | $22 | $16 | $19.25 | $13.62 | 41.34% |
| 2022-09-17 | 5 | $22 | $17 | $19.5 | $13.62 | 43.17% |
The Trend in the Analyst Price Target
SKT's average price target has moved up $5 over the prior 16 months.
SKT reports an average of 18.08% for its upside potential over the past 45 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-05-20 | 5 | 23 | 18 | 20.50 | 16.11 | 27.25% |
| 2022-06-17 | 5 | 23 | 16 | 19.75 | 14.28 | 38.31% |
| 2022-08-13 | 5 | 22 | 16 | 19.25 | 17.82 | 8.02% |
| 2022-09-10 | 5 | 22 | 17 | 19.50 | 15.75 | 23.81% |
| 2022-09-17 | 5 | 22 | 17 | 19.50 | 15.20 | 28.29% |
SKT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 3.2 | 1 | 0 | 2 | 1 | 1 | 5 |
The Trend in the Broker Recommendations
SKT's average broker recommendation rating improved by 1.3 over the prior 27 months.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for SKT as an investment opportunity.
- In terms of how TANGER FACTORY OUTLET CENTERS INC fares relative to Real Estate stocks, note that its number of analysts covering the stock is higher than 137.76% of that group.
- TANGER FACTORY OUTLET CENTERS INC's average analyst price target is higher than 153.18% of Trading stocks.
- In the context of stocks in the mid market cap category, TANGER FACTORY OUTLET CENTERS INC's variance in analysts' estimates is lower than -117.26% of them.
- To contextualize these metrics, consider that out of stocks in the mid market cap category, TANGER FACTORY OUTLET CENTERS INC's upside potential (average analyst target price relative to current price) is higher than 253.19% of them.
In terms of price targets and recommendations offered by analysts, the stocks in the Trading industry with the ratings most similar to TANGER FACTORY OUTLET CENTERS INC are SITC, SBRA, and RYN.
View All Top Stocks by Price Target
What is the outlook for SKT? Use POWR Ratings for clearer insight into price direction.