Shares of Taubman Centers (NYSE:TCO) traded at a new 52-week high today of $67.26. Approximately 195,000 shares have changed hands today, as compared to an average 30-day volume of 560,000 shares.
Taubman Centers share prices have moved between a 52-week high of $67.26 and a 52-week low of $46.74 and are now trading 43% above that low price at $66.72 per share. The 200-day and 50-day moving averages have moved 0.35% higher and 0.41% higher over the past week, respectively.
Based on a current price of $66.72, Taubman Centers is currently 6.6% above its average consensus analyst price target of $62.33. Taubman Centers shares have support at the 50-day moving average (MA) of $62.33 and additional support at the 200-day MA of $58.57.
Taubman Centers, Inc. is a real estate investment trust which, through its operating partnership, the Taubman Realty Group LP, holds interests in and owns, develops, acquires and operates regional shopping centers. Its activities include centers' management, leasing and expansion.
