Several other brokerages have also recently weighed in on CLI. ValuEngine raised Mack Cali Realty from a hold rating to a buy rating in a research note on Friday, December 1st. Barclays decreased their target price on Mack Cali Realty from $24.00 to $21.00 and set an underweight rating for the company in a research note on Tuesday, January 30th. Zacks Investment Research cut Mack Cali Realty from a hold rating to a sell rating in a research note on Tuesday, January 2nd. Stifel Nicolaus raised Mack Cali Realty from a sell rating to a hold rating in a research note on Monday. Finally, SunTrust Banks set a $28.00 target price on Mack Cali Realty and gave the stock a buy rating in a research note on Monday, January 22nd. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. Mack Cali Realty currently has a consensus rating of Hold and an average target price of $27.17.
Shares of Mack Cali Realty (NYSE CLI) opened at $16.89 on Tuesday. The firm has a market capitalization of $1,546.80, a PE ratio of 187.69, a PEG ratio of 2.78 and a beta of 1.07. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.87 and a quick ratio of 0.87. Mack Cali Realty has a one year low of $16.88 and a one year high of $29.69.
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Mack Cali Realty Company Profile
Mack-Cali Realty Corporation is a self-administered and self-managed real estate investment trust (REIT). The Company owns and operates a real estate portfolio of Class A office and office/flex properties. It operates in three segments: commercial and other real estate, multi-family real estate and multi-family services.
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