Raymond James analyst Buck Horne has upgraded his rating on Center (CSR, Financial) from "Outperform" to "Strong Buy," indicating increased confidence in the stock's potential performance. The upgrade reflects positive sentiments and expectations for CSR's future growth.
In addition to the rating upgrade, the analyst has raised the target price for Center (CSR, Financial) from USD 66.00 to USD 69.00, representing a 4.55% increase. This revised price target suggests optimism about the company's financial outlook and strategic positioning.
Investors and market watchers are advised to take note of the update as Raymond James' adjustment highlights enhanced prospects for Center (CSR, Financial) amidst the current market environment.
The stock's new rating and target adjustment are effective as of May 15, 2025.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Centerspace (CSR, Financial) is $70.54 with a high estimate of $79.00 and a low estimate of $64.50. The average target implies an upside of 13.64% from the current price of $62.08. More detailed estimate data can be found on the Centerspace (CSR) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Centerspace's (CSR, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Centerspace (CSR, Financial) in one year is $62.78, suggesting a upside of 1.14% from the current price of $62.075. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Centerspace (CSR) Summary page.
