How Analysts Feel About CBL Properties (NYSE:CBL)?

January 22, 2018 - By Winifred Garcia

 How Analysts Feel About CBL Properties (NYSE:CBL)?
Investors sentiment decreased to 1.28 in Q3 2017. Its down 0.52, from 1.8 in 2017Q2. It fall, as 22 investors sold CBL Properties shares while 63 reduced holdings. 37 funds opened positions while 72 raised stakes. 159.30 million shares or 5.47% less from 168.52 million shares in 2017Q2 were reported.
Parkside Bancorporation Trust reported 119 shares. Moreover, First Manhattan has 0% invested in CBL Properties (NYSE:CBL). Advisory Service Network Lc reported 2,269 shares or 0% of all its holdings. Da Davidson And reported 227,195 shares or 0.04% of all its holdings. Credit Agricole S A, a France-based fund reported 281,923 shares. Ny State Teachers Retirement Systems accumulated 138,218 shares. Denver Investment Advsrs Lc owns 1.23% invested in CBL Properties (NYSE:CBL) for 3.00M shares. State Common Retirement Fund reported 174,300 shares stake. State Of Alaska Department Of Revenue stated it has 0.02% of its portfolio in CBL Properties (NYSE:CBL). Royal Natl Bank Of Canada stated it has 0% of its portfolio in CBL Properties (NYSE:CBL). Morgan Stanley, a New York-based fund reported 5.45 million shares. 3.57 million were reported by Wedge Capital Management L Limited Partnership Nc. Us Savings Bank De holds 0% or 2,528 shares in its portfolio. Endurance Wealth Inc reported 0% stake. Moreover, Schroder Inv Management has 0% invested in CBL Properties (NYSE:CBL).

CBL Properties (NYSE:CBL) Ratings Coverage

Among 17 analysts covering CBL & Associates Properties (NYSE:CBL), 0 have Buy rating, 8 Sell and 9 Hold. Therefore 0 are positive. CBL & Associates Properties had 41 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies upgraded CBL Properties (NYSE:CBL) on Monday, August 29 to “Buy” rating. The firm earned “Sell” rating on Friday, November 3 by Boenning & Scattergood. Citigroup downgraded the shares of CBL in report on Tuesday, December 13 to “Sell” rating. Wells Fargo downgraded it to “Sell” rating and $7.0 target in Friday, November 3 report. The firm has “Sell” rating given on Thursday, December 21 by Jefferies. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, August 30. Jefferies maintained the stock with “Buy” rating in Monday, September 25 report. KeyBanc Capital Markets upgraded CBL Properties (NYSE:CBL) on Friday, July 15 to “Overweigt” rating. The stock of CBL Properties (NYSE:CBL) earned “Sell” rating by Citigroup on Thursday, December 14. Boenning & Scattergood initiated CBL Properties (NYSE:CBL) on Wednesday, January 27 with “Underperform” rating. Below is a list of CBL Properties (NYSE:CBL) latest ratings and price target changes.

12/01/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $6.0 Maintain
21/12/2017 Broker: Jefferies Rating: Sell Downgrade
20/12/2017 Broker: Raymond James Rating: Sell Downgrade
14/12/2017 Broker: Morgan Stanley Rating: Underweight New Target: $4.75 Maintain
14/12/2017 Broker: Citigroup Rating: Sell New Target: $4.0 Downgrade
08/11/2017 Broker: Mizuho Old Rating: Neutral New Rating: Underperform Downgrade
06/11/2017 Broker: Jefferies Rating: Hold New Target: $5.0 Downgrade
03/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
02/11/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $7.5 Maintain
03/11/2017 Broker: Hilliard Lyons Rating: Hold Downgrade

The stock increased 1.48% or $0.08 during the last trading session, reaching $5.69. About 1.12 million shares traded. CBL Properties (NYSE:CBL) has declined 23.94% since January 22, 2017 and is downtrending. It has underperformed by 40.64% the S&P500.

CBL & Associates Properties, Inc. is a public real estate investment trust. The company has market cap of $1.14 billion. The firm invests in the real estate markets of United States with a focus on Southeastern and Midwestern United States. It has a 8.98 P/E ratio. It owns, develops, acquires leases, manages, and operates regional shopping malls, open-air and mixed-use centers, outlet centers, associated centers, community centers and office properties.

More notable recent CBL Properties (NYSE:CBL) news were published by: Seekingalpha.com which released: “CBL (Re)Issues Bonds – My Thoughts” on September 01, 2017, also Seekingalpha.com with their article: “CBL & Associates Properties’ Class D Preferred Shares Dip As Relative Safety …” published on November 21, 2017, Seekingalpha.com published: “Don’t Buy CBL” on May 31, 2017. More interesting news about CBL Properties (NYSE:CBL) were released by: Seekingalpha.com and their article: “CBL – The Lipstick Fades” published on November 03, 2017 as well as Nasdaq.com‘s news article titled: “CBL & Associates Properties, Inc. (CBL) Ex-Dividend Date Scheduled for …” with publication date: December 27, 2017.

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