Entering text into the input field will update the search result below

Still bearish on Seritage - Boenning & Scattergood

Nov. 07, 2016 3:03 PM ETSeritage Growth Properties (SRG) StockSRGBy: Stephen Alpher, SA News Editor3 Comments
  • While the company has attractive growth prospects, the shares are valued at a "massive" 27% premium to estimated NAV, says the team at Boenning & Scattergood, reiterating an Underperform rating on Seritage Growth Properties (SRG +1%).
  • The company also needs to raise capital to fund redevelopment beyond its current pipeline, and they suggest a large equity raise in order to also pay off all restrictive CMBS debt.
  • Previously: Seritage beats by $0.01 (Nov. 3)

Recommended For You

About SRG Stock

SymbolLast Price% Chg
FFO (FWD)
PE
Div Rate (TTM)
Yield (TTM)
Market Cap
Volume
Compare to Peers

Related Stocks

SymbolLast Price% Chg
SRG--
Seritage Growth Properties