Tanger Factory Outlet Centers, Inc. (SKT) Social Stream
Tanger Factory Outlet Centers Inc (SKT) Price Targets From Analysts
Use the tables below to see what analysts covering Tanger Factory Outlet Centers Inc think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-05 | 5 | $23 | $17 | $20 | $17.31 | 15.54% |
| 2022-02-24 | 5 | $23 | $18 | $20.75 | $17.31 | 19.87% |
| 2022-03-03 | 5 | $23 | $18 | $20.5 | $17.31 | 18.43% |
The Trend in the Analyst Price Target
Over the past 15 months, SKT's average price target has gone up $12.93.
SKT reports an average of -10.39% for its upside potential over the past 47 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-04-17 | 8 | 15.5 | 11 | 13.58 | 16.94 | -19.83% |
| 2021-07-10 | 8 | 18.5 | 12 | 15.33 | 18.95 | -19.1% |
| 2021-08-01 | 8 | 18.5 | 12 | 14.86 | 17.17 | -13.45% |
| 2021-12-02 | 5 | 23.0 | 18 | 20.75 | 20.49 | 1.27% |
| 2022-03-03 | 5 | 23.0 | 18 | 20.50 | 17.01 | 20.52% |
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
Over the past 16 months, SKT's average broker recommendation rating improved by 0.92.
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 the context of all US stocks, Tanger Factory Outlet Centers Inc's average analyst price target is higher than 70.01% of them.
- 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 greater than 65.61% of that group.
- In the context of Real Estate stocks, Tanger Factory Outlet Centers Inc's upside potential (average analyst target price relative to current price) is greater than 208.95% of them.
- Tanger Factory Outlet Centers Inc's variance in analysts' estimates is lower than 1.46% of stocks in the mid market cap category.
In the Trading industry, SITC, SBRA, and RYN are the three stocks most similar to Tanger Factory Outlet Centers Inc regarding the price target and analyst recommendation information presented here.
Is SKT a Buy, Hold or Sell? See the POWR Ratings now!