RPAI - Watch for Continued Gains in Shares of Retail Properties of America Inc. Class A (RPAI)
Retail Properties of America Inc. Class A (NYSE:RPAI) traded at a new 52-week high today of $13.21. Approximately 400,000 shares have changed hands today, as compared to an average 30-day volume of 2 million shares.
Retail Properties of America Inc. Class A (NYSE:RPAI) is currently priced 32.9% above its average consensus analyst price target of $8.75.
In the past 52 weeks, Retail Properties of America Inc. Class A share prices are bracketed by a low of $5.14 and a high of $13.21 and is now at $13.05, 154% above that low price.
Retail Properties of America Inc is a self-managed real estate investment trust that invests, develops, and manages retail property assets. The company's portfolio primarily constitutes shopping centers in the United States, markets, including Dallas, Washington, New York, Atlanta, Seattle, Chicago, Houston, San Antonio, Phoenix, and Austin. The company generates its revenue from leasing properties to tenants, which include retailers, restaurants, and others.
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