Tanger Factory Outlet Centers Is Betting on a Brighter Future
Tanger Factory Outlet Centers Inc. (NYSE: SKT) announced second-quarter 2017 results on Tuesday after the market closed, highlighting a modest year-over-year increase in average tenant sales and steady funds from operations (FFO). But that wasn't enough to appease the market. With shares of the outlet-mall real estate investment trust (REIT) down nearly 5% today as of this writing, let's take a closer look at how Tanger Factory Outlets capped the first half of the year.
IMAGE SOURCE: TANGER FACTORY OUTLETS.
Q2 2017
Source: Fool.com
Tanger Factory Outlet Stock
€25.55
0.270%
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the Tanger Factory Outlet stock is not clear.
As a result the target price of 28 € shows a slightly positive potential of 9.59% compared to the current price of 25.55 € for Tanger Factory Outlet.
