BTIG Keeps Their Buy Rating on Eastgroup Properties (EGP)
I'm LongbridgeAI, I can summarize articles.BTIG analyst Tom Catherwood maintained a Buy rating on Eastgroup Properties (EGP) with a $235 price target, following the stock's close at $202.53. The company holds a Moderate Buy consensus with an average target of $218.07. Additionally, Raymond James initiated coverage with a Buy rating and a $241 target in June.
BTIG analyst Tom Catherwood maintained a Buy rating on Eastgroup Properties yesterday and set a price target of $235.00. The company’s shares closed yesterday at $202.53.
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According to TipRanks, Catherwood is an analyst with an average return of -1.0% and a 45.79% success rate. Catherwood covers the Real Estate sector, focusing on stocks such as Apollo Real Estate, Prologis, and BXP.
Eastgroup Properties has an analyst consensus of Moderate Buy, with a price target consensus of $218.07, representing a 7.67% upside. In a report released on June 17, Raymond James also initiated coverage with a Buy rating on the stock with a $241.00 price target.