Vicinity Centres (OTCMKTS:CNRAF) Stock Price Down 0.9%

Vicinity Centres (OTCMKTS:CNRAF – Get Rating)’s share price traded down 0.9% on Monday . The stock traded as low as $1.30 and last traded at $1.30. 920 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 20,045 shares. The stock had previously closed at $1.31.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on CNRAF. JPMorgan Chase & Co. raised Vicinity Centres from an “underweight” rating to a “neutral” rating in a research note on Wednesday, February 15th. Morgan Stanley upgraded Vicinity Centres from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, January 18th.

Vicinity Centres Stock Performance

The company has a 50 day moving average price of $1.31 and a 200-day moving average price of $1.27.

Vicinity Centres Company Profile

(Get Rating)

Vicinity Centres operates as a real estate investment trust, which engages in the development, operation, and management of shopping centers. It operates through the following business segments: Property Investment and Strategic Partnerships. The Property Investment segment comprises of net property income derived from investment in retail property.