Analyst Estimates

Analytical Approach on Price Target Estimates: DDR Corp (NYSE:DDR)

DDR Corp (NYSE:DDR) soared 2.47% during previous trade, a total of 12.58M shares exchanged hands compared with its average trading volume of 7.68M shares whereas its relative volume is 1.96. The stock has a market capitalization of $3.19B along with 367.08M outstanding shares. Stock’s intraday price range hit the peak level of $9.21 and touched the lowest level of $8.60.

Most recently DDR Corp (NYSE:DDR)’s price target was revised on 5/15/17 and according to 18 analysts stock’s price will reach at $13.69 during 52 weeks with standard deviation of 2.16. Stock’s minimum price target estimates has been figured out at $10 while the maximum price target forecast is established at $17, if we look at the price target with an optimistic approach it has upside potential of 86% from its latest closing price of $9.12.

Historically, if we look at price target revisions, three weeks ago DDR Corp (NYSE:DDR)’s price target was revised on 4/17/17 by the analysts, however the bullish price estimates of the stock set at $17 while the bearish estimates kept at $13 over the next one year. Stock’s 52-week target was retained at $14.68, the estimates indicates a standard deviation of 1.27.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.88. ABR value is precisely based on brokerage recommendations, where out of 17 brokerage recommendations 1 rate DDR Corp (NYSE:DDR) stock a Strong Buy, 1 rate the stocks of the company a Buy, 14 rate Hold, 1 rate Sell and 1 recommend a Strong Sell. Most recently on 3/13/17 the stock of DDR Corp (NYSE:DDR) downgraded by Sandler O’Neill from Buy to Hold. However previously on 3/6/17 it was upgraded by Morgan Stanley from Underweight to Equal-Weight. A research note issued on 1/30/17 the stock was downgraded by Citigroup from Neutral to Buy.

DDR Corp (NYSE:DDR) performance over the past one year plunged -47.10% whereas its year to date (YTD) performance indicated a bearish trend of -40.28%. During the last six months the stock slipped -40.31%. Quarterly performance of the company shows declining momentum of -37.23% while its last one month trend is negative with -29.03%. Stock’s weekly performance expressed down trend of -5.20%.

The company’s price sits -23.61% below from its 50-day moving average of $11.55 and -39.78% below from the stock’s 200-day moving average which is $13.93. DDR Corp (NYSE:DDR)’s shares are currently trading -54.22% away from the 52-week high price of $19.92 and +2.47% far from the 52-week low price of $8.90.

According to 7 analysts, DDR Corp (NYSE:DDR)’s revenue estimates for the current quarter are $224.87M meanwhile the company has high revenue estimates of $231.54M in contradiction of low revenue estimates of $217M. For the current year the company’s revenue estimates are $887.64M compared to low analyst estimates of $851M and high estimates of $925.94M according to the projection of 9 analysts.

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