RBC Capital Increases Rouse Properties Price Target to $20.00 (RSE)
Equities research analysts at RBC Capital hoisted their price target on shares of Rouse Properties (NYSE:RSE) from $19.00 to $20.00 in a research note issued to investors on Tuesday. RBC Capital’s target price indicates a potential upside of 18.27% from the stock’s previous close.
Rouse Properties (NYSE:RSE) traded down 0.70% on Tuesday, hitting $16.91. 349,905 shares of the company’s stock traded hands. Rouse Properties has a one year low of $15.65 and a one year high of $25.26. The stock’s 50-day moving average is $17.30 and its 200-day moving average is $17.20. The company’s market cap is $972.7 million.
Rouse Properties (NYSE:RSE) last announced its earnings results on Monday, August 4th. The company reported $0.37 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.37. On average, analysts predict that Rouse Properties will post $1.59 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, October 31st. Shareholders of record on Wednesday, October 15th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 4.02%.
Rouse Properties, Inc (NYSE:RSE) is a real estate investment trust (REIT) company.
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