Retail Opportunity Investments’ (ROIC) “Overweight” Rating Reiterated at Capital One Financial
Capital One Financial restated their overweight rating on shares of Retail Opportunity Investments (NASDAQ:ROIC) in a report issued on Monday. Capital One Financial also issued estimates for Retail Opportunity Investments’ Q4 2017 earnings at $0.29 EPS, Q1 2018 earnings at $0.29 EPS, Q2 2018 earnings at $0.29 EPS, Q3 2018 earnings at $0.30 EPS, Q4 2018 earnings at $0.31 EPS, FY2018 earnings at $1.19 EPS and FY2019 earnings at $1.24 EPS.
Several other equities analysts also recently weighed in on ROIC. BidaskClub downgraded Retail Opportunity Investments from a sell rating to a strong sell rating in a research report on Tuesday, January 30th. Citigroup decreased their target price on Retail Opportunity Investments from $20.50 to $20.00 and set a neutral rating on the stock in a research report on Monday, October 30th. Zacks Investment Research downgraded Retail Opportunity Investments from a hold rating to a sell rating in a research report on Wednesday, January 10th. Royal Bank of Canada restated a buy rating and issued a $22.00 target price on shares of Retail Opportunity Investments in a research report on Monday, October 30th. Finally, Jefferies Group set a $20.00 target price on Retail Opportunity Investments and gave the company a hold rating in a research report on Tuesday, October 31st. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. Retail Opportunity Investments presently has a consensus rating of Hold and an average price target of $22.00.
Retail Opportunity Investments (ROIC) opened at $17.13 on Monday. The stock has a market capitalization of $1,880.00, a P/E ratio of 55.26, a price-to-earnings-growth ratio of 2.04 and a beta of 0.58. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 1.06. Retail Opportunity Investments has a 1 year low of $16.21 and a 1 year high of $22.37.
Retail Opportunity Investments Company Profile
Retail Opportunity Investments Corp. (ROIC) is a fully integrated, self-managed real estate investment trust (REIT). The Company specializes in the acquisition, ownership and management of necessity-based community and neighborhood shopping centers on the west coast of the United States, anchored by supermarkets and drugstores.
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