Retail Opportunity Investments’ (ROIC) Overweight Rating Reaffirmed at Capital One Financial
Capital One Financial reiterated their overweight rating on shares of Retail Opportunity Investments (NASDAQ:ROIC) in a research report sent to investors on Monday morning. 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 have also commented on the company. Zacks Investment Research raised Retail Opportunity Investments from a sell rating to a hold rating in a report on Tuesday, October 31st. KeyCorp reiterated a neutral rating on shares of Retail Opportunity Investments in a research report on Tuesday, October 24th. Jefferies Group set a $20.00 price objective on Retail Opportunity Investments and gave the stock a hold rating in a research report on Tuesday, October 31st. BidaskClub downgraded Retail Opportunity Investments from a hold rating to a sell rating in a research report on Saturday, January 13th. Finally, Royal Bank of Canada reiterated a buy rating and set a $22.00 price objective on shares of Retail Opportunity Investments in a research report on Monday, October 30th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. The company presently has an average rating of Hold and an average price target of $22.00.
Retail Opportunity Investments (ROIC) opened at $17.28 on Monday. The company has a market capitalization of $1,852.25, a P/E ratio of 50.82, a PEG ratio of 2.06 and a beta of 0.58. Retail Opportunity Investments has a fifty-two week low of $16.21 and a fifty-two week high of $22.37. 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 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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