Macerich Co has a consensus price target of $15.34 based on the ratings of 15 analysts. The high is $23 issued by Compass Point on November 7, 2024. The low is $8.5 issued by Morgan Stanley on July 7, 2022. The 3 most-recent analyst ratings were released by Mizuho, Compass Point, and B of A Securities on December 4, 2024, November 7, 2024, and October 11, 2024, respectively. With an average price target of $21.33 between Mizuho, Compass Point, and B of A Securities, there's an implied 0.25% upside for Macerich Co from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Macerich (NYSE:MAC) was reported by Mizuho on December 4, 2024. The analyst firm set a price target for $22.00 expecting MAC to rise to within 12 months (a possible 3.38% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for Macerich (NYSE:MAC) was provided by Mizuho, and Macerich upgraded their neutral rating.
The last upgrade for Macerich Co happened on December 4, 2024 when Mizuho raised their price target to $22. Mizuho previously had an underperform for Macerich Co.
The last downgrade for Macerich Co happened on May 17, 2024 when Scotiabank changed their price target from $16 to $14 for Macerich Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Macerich, 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 Macerich was filed on December 4, 2024 so you should expect the next rating to be made available sometime around December 4, 2025.
While ratings are subjective and will change, the latest Macerich (MAC) rating was a upgraded with a price target of $14.00 to $22.00. The current price Macerich (MAC) is trading at is $21.28, which is within the analyst’s predicted range.
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