|
|
REITs
|
|
||
Another rough session for retail REITs as KeyBanc downgrades, Sears warns . . CBL -5.3%KeyBanc throws in the towel on the mall/shopping center sector, downgrading to Sector Weight. Hardest hit is CBL & Associates (CBL-5.3%) which is downgraded to Sector Weight from Overweight as the team there sees the most risk to mid-quality malls. Then there's Sears, andits 10-K last nightwarned of "going concern" issues. Simon Property (SPG-2.7%), General Growth (GGP-2.8%), Macerich (MAC-2.6%), PREIT (PEI-4.6%), Kimco (KIM-2.7%), Retail Opportunity (ROIC-2.4%), DDR (DDR-3.3%), Tanger Factory (SKT-2.6%), Taubman (TCO-2.9%), Brixmor (BRX-3.2%). --------------------------------- KIM -2.3% close to it's 52wk low of $21.46/share. Div yield close to 5% at 4.99%. Still watching, no Buys yet. EKS |
return to message board, top of board |
Msg # | Subject | Author | Recs | Date Posted |
7106 | Re: Another rough session for retail REITs as KeyBanc downgrades, Sears warns . . CBL -5.3% | akaralph | 1 | 3/22/2017 12:42:06 PM |