The Latest Breaking News from Macerich

When choosing among stocks in the same sector, investors often compare fundamentals like price-to-earnings ratios (P/E) or earnings per share (EPS), balance sheets and other metrics. 

Compass Point has decided to maintain its Buy rating of Macerich (NYSE:MAC) and lower its price target from $27.00 to $20.00. Shares of Macerich are trading down 0.45% over the last 24 hours, at $8.90 per share. A move to $20.00 would account for a 124.72% increase from the current…

Over the past 3 months, 6 analysts have published their opinion on Macerich (NYSE:MAC) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Real estate investment trust (REIT) Macerich’s (MAC) has been ramping up its efforts to move past pandemic disruptions and reported significant improvement in its last quarter, with robust leasing demand and tenant sales. However, MAC’s shares have plunged more than 30% in price this year. And considering bearish analysts’ sentiments…