Analyst Ratings for Taubman Centers Inc. (TCO)Updated: 2017-07-28
Shares of Taubman Centers Inc. (NYSE:TCO) have received a consensus rating of Hold from Wall Street analysts. Last month, TCO received an average rating of Hold.
3 analysts declared TCO a buy, 0 issued an overweight rating, 13 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for TCO. The most optimistic price target was 79, implying a possible profit of 27.63 percent. The most pessimistic analyst gave a price target of 56, implying a possible loss of -9.53 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -2.27 percent. The average change in earnings estimates over the last 90 days is 14.46 percent. Meanwhile, fiscal year estimates have been revised downwards by -3.15 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 9.23 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of TCO's earnings is estimated by analysts to be 131.01 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. TCO has a PEG ratio of 0.29.
TCO has traded between a high of 81.68 and a low of 57.17 over the past year. Today's price is 8.27 percent above the 52-week low, and below the high by 24.22 percent. TCO has a P/E ratio of 37.77. Investors typically compare the P/E ratio to a company's peers in the industry. The TCO value stock report compares TCO to some of its peers using value stock charts. The stock has a market capitalization of $3.71 billion. TCO will post this quarters earnings in days, on 0000-00-00.