Stock To Watch: CBL & Associates Properties, Inc. (NYSE:CBL)


The leading market experts have placed a mean price target of $13.22 on CBL & Associates Properties, Inc. (NYSE:CBL) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.66 a share for the upcoming quarter and $2.38 for the current fiscal.

Technical View

The technical analysis of CBL & Associates Properties, In plainly substantiates that the 50-day moving average of CBL & Associates Properties, In is $12.34, and stock is trading $1.31 points away or +10.66% from its 50-day moving average of $12.34. Further it is trading $2.30 or +20.31% away its 200-day moving average of $11.35. CBL & Associates Properties, Inc. (NYSE:CBL) 52-week high is $15.59 and the 52-week low is $8.86.

This explains if the stock moves $-1.94, it will post a 52-week high. In event of +54.06% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of CBL & Associates Properties, In, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, CBL & Associates Properties, Inc. (NYSE:CBL) ratio came in at 31.74.

The stock last ended the trading session at $13.65 and registered a market cap of $2.33B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. CBL & Associates Properties, Inc. (NYSE:CBL) PEG ratio is at 2.39.

1 Chart Pattern Every Investor Should Know

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