RPT - Shares of RPT Realty (RPT) Have Risen Above Previous 52-Week High

Shares of RPT Realty (NYSE:RPT) traded today at $13.89, eclipsing its 52-week high. Approximately 151,000 shares have changed hands today, as compared to an average 30-day volume of 335,000 shares.

RPT Realty has overhead space with shares priced $13.83, or 95.3% below the average consensus analyst price target of $295.02.

RPT Realty is a self-managed real estate investment trust that invests in and manages retail properties. The company's property portfolio mainly consists of regional and urban shopping centres in metropolitan areas of the United States, and land available for development or sale. The company generates the majority of revenue from leasing properties to tenants, which include chain stores, supermarkets, homeware and furniture stores, and food retailers. In addition, Ramco-Gershenson Properties Trust derives revenue from managing, leasing, and redeveloping the shopping centres of its joint ventures.

RPT Realty share prices have moved between a 52-week high of $13.89 and a 52-week low of $4.79 and are now trading 189% above that low price at $13.83 per share.

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