Published On: Wed, Oct 19th, 2016

Current Price Targets For Macerich Company (The) (NYSE:MAC)


Recently stock market analysts have updated their consensus ratings on shares of Macerich Company (The) (NYSE:MAC).

Most recent broker ratings

10/04/2016 – Macerich Company (The) had its “hold” rating reiterated by analysts at Deutsche Bank. They now have a USD 87 price target on the stock.

08/31/2016 – Macerich Company (The) had its “hold” rating reiterated by analysts at Jefferies. They now have a USD 88 price target on the stock.

08/25/2016 – BTIG Research began new coverage on Macerich Company (The) giving the company a “buy” rating. They now have a USD 97 price target on the stock.

08/16/2016 – Macerich Company (The) had its “hold” rating reiterated by analysts at Canaccord Genuity. They now have a USD 84 price target on the stock.

05/06/2016 – Macerich Company (The) was upgraded to “outperform” by analysts at RBC Capital. They now have a USD 87 price target on the stock.

04/14/2016 – Mizuho began new coverage on Macerich Company (The) giving the company a “neutral” rating. They now have a USD 88 price target on the stock.

04/06/2016 – Macerich Company (The) was downgraded to “neutral” by analysts at Boenning & Scattergood.

03/28/2016 – Macerich Company (The) had its “neutral” rating reiterated by analysts at Bank of America Merrill Lynch.

03/17/2016 – Credit Suisse began new coverage on Macerich Company (The) giving the company a “underperform” rating. They now have a USD 76 price target on the stock.

03/07/2016 – Macerich Company (The) had its “hold” rating reiterated by analysts at Evercore ISI. They now have a USD 79 price target on the stock.

10/20/2015 – Macerich Company (The) had its “equal weight” rating reiterated by analysts at Barclays. They now have a USD 88 price target on the stock.

05/21/2015 – Macerich Company (The) was downgraded to “hold” by analysts at Zacks. They now have a USD 94 price target on the stock.

05/11/2015 – Macerich Company (The) had its “neutral” rating reiterated by analysts at Citigroup. They now have a USD 82 price target on the stock.

04/20/2015 – Macerich Company (The) had its “equal-weight” rating reiterated by analysts at Morgan Stanley. They now have a USD 79 price target on the stock.

04/13/2015 – Goldman Sachs began new coverage on Macerich Company (The) giving the company a “neutral” rating.

Macerich Company (The) has a 50 day moving average of 79.81 and a 200 day moving average of 80.99. The stock’s market capitalization is 10.99B, it has a 52-week low of 71.82 and a 52-week high of 94.51.

The share price of the company (NYSE:MAC) was up +0.33% during the last trading session, with a high of 77.05 and the volume of Macerich Company (The) shares traded was 560225.

The Macerich Company is a self-administered and self-managed real estate investment trust (REIT). The Company is involved in the acquisition, ownership, development, redevelopment, management and leasing of regional and community/power shopping centers located throughout the United States. The Company owns ownership interests in, The Macerich Partnership, L.P. (the Operating Partnership). As of December 31, 2016, the Company, through its operating partnership, had ownership interests in 50 regional shopping centers and seven community/power shopping centers. These 57 regional and community/power shopping centers consisted of approximately 56 million square feet of gross leasable area (GLA), as of December 31, 2016. The Company’s properties include Danbury Fair Mall, Desert Sky Mall, Fresno Fashion Fair, NorthPark Mall, Oaks, The, Towne Mall, Valley Mall, Arrowhead Towne Center, Deptford Mall and South Plains Mall.