$12.40
-0.13[-1.04%]
At close: Apr 24
$12.40
0[0.00%]
After Hours: 4:00PM EDT
Retail Opportunity
(NASDAQ:ROIC)Retail Opportunity Stock (NASDAQ:ROIC), Analyst Ratings, Price Targets, Predictions
Retail Opportunity Investments Corp has a consensus price target of $13.57, established from looking at the 10 latest analyst ratings. The last 3 analyst ratings were released from B of A Securities, Keybanc, and Wells Fargo on April 5, 2024, January 5, 2024, and September 20, 2023. With an average price target of $14.33 between B of A Securities, Keybanc, and Wells Fargo, there's an implied 15.59% upside for Retail Opportunity Investments Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
B of A Securities
Keybanc
Wells Fargo
Raymond James
BTIG
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Retail Opportunity
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/05/2024 | ROIC | Buy Now | Retail Opportunity | $12.40 | -3.23% | B of A Securities | Craig Schmidt | $14.5 → $12 | Downgrade | Neutral → Underperform | Get Alert |
| 01/05/2024 | ROIC | Buy Now | Retail Opportunity | $12.40 | 29.03% | Keybanc | Todd Thomas | → $16 | Upgrade | Sector Weight → Overweight | Get Alert |
| 09/20/2023 | ROIC | Buy Now | Retail Opportunity | $12.40 | 20.97% | Wells Fargo | Dori Kesten | $14 → $15 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 09/05/2023 | ROIC | Buy Now | Retail Opportunity | $12.40 | 29.03% | Raymond James | RJ Milligan | → $16 | Upgrade | Market Perform → Outperform | Get Alert |
| 05/24/2023 | ROIC | Buy Now | Retail Opportunity | $12.40 | 12.9% | Wells Fargo | Dori Kesten | → $14 | Initiates | → Overweight | Get Alert |
| 01/11/2023 | ROIC | Buy Now | Retail Opportunity | $12.40 | — | BTIG | Michael Gorman | — | Downgrade | Buy → Neutral | Get Alert |
| 01/04/2023 | ROIC | Buy Now | Retail Opportunity | $12.40 | — | Raymond James | RJ Milligan | — | Downgrade | Outperform → Market Perform | Get Alert |
| 09/19/2022 | ROIC | Buy Now | Retail Opportunity | $12.40 | 37.1% | Citigroup | Michael Bilerman | $19 → $17 | Downgrade | Buy → Neutral | Get Alert |
| 04/07/2022 | ROIC | Buy Now | Retail Opportunity | $12.40 | 53.23% | Wells Fargo | Tammi Fique | $17 → $19 | Maintains | Underweight | Get Alert |
| 08/26/2021 | ROIC | Buy Now | Retail Opportunity | $12.40 | 37.1% | Wells Fargo | Tammi Fique | — | Maintains | Underweight | Get Alert |
FAQ
What is the target price for Retail Opportunity (ROIC)?
The latest price target for Retail Opportunity (NASDAQ: ROIC) was reported by B of A Securities on April 5, 2024. The analyst firm set a price target for $12.00 expecting ROIC to fall to within 12 months (a possible -3.23% downside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Retail Opportunity (ROIC)?
The latest analyst rating for Retail Opportunity (NASDAQ: ROIC) was provided by B of A Securities, and Retail Opportunity downgraded their underperform rating.
When was the last upgrade for Retail Opportunity (ROIC)?
The last upgrade for Retail Opportunity Investments Corp happened on January 5, 2024 when Keybanc raised their price target to $16. Keybanc previously had a sector weight for Retail Opportunity Investments Corp.
When was the last downgrade for Retail Opportunity (ROIC)?
The last downgrade for Retail Opportunity Investments Corp happened on April 5, 2024 when B of A Securities changed their price target from $14.5 to $12 for Retail Opportunity Investments Corp.
When is the next analyst rating going to be posted or updated for Retail Opportunity (ROIC)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Retail Opportunity, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Retail Opportunity was filed on April 5, 2024 so you should expect the next rating to be made available sometime around April 5, 2025.
Is the Analyst Rating Retail Opportunity (ROIC) correct?
While ratings are subjective and will change, the latest Retail Opportunity (ROIC) rating was a downgraded with a price target of $14.50 to $12.00. The current price Retail Opportunity (ROIC) is trading at is $12.40, which is out of the analyst’s predicted range.
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