Mack Cali Realty Corp (NYSE:CLI) gets downgraded to Hold by SunTrust Banks

ME Staff
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Analyst Ratings For Mack Cali Realty Corp (NYSE:CLI)

Today, Mack Cali Realty Corp (NYSE:CLI) stock was downgraded by SunTrust Banks from Buy to Hold.

There are 5 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings, no Buy Ratings on the stock.

The current consensus rating on Mack Cali Realty Corp (NYSE:CLI) is Hold with a consensus target price of $21.80 per share, a potential 8.67% upside.

Some recent analyst ratings include

  • 1/15/2019-Mack Cali Realty Corp (NYSE:CLI) gets downgraded to Hold by SunTrust Banks
  • 10/14/2018-Mack Cali Realty Corp (NYSE:CLI) had its Sell rating reiterated by Barclays with a $18.00 price target
  • 10/5/2018-Mack Cali Realty Corp (NYSE:CLI) gets downgraded to Neutral by JPMorgan Chase & Co.
  • 8/9/2017-Mack Cali Realty Corp (NYSE:CLI) had its Outperform rating reiterated by Evercore ISI with a $29.00 price target
  • On 9/10/2018 Robert Andrew Marshall, EVP, sold 1,426 with an average share price of $21.28 per share and the total transaction amounting to $30,345.28.
  • On 6/21/2018 Nathan Gantcher, Director, bought 25,000 with an average share price of $20.60 per share and the total transaction amounting to $515,000.00.
  • On 6/14/2018 Nathan Gantcher, Director, bought 25,000 with an average share price of $19.72 per share and the total transaction amounting to $493,000.00.
  • On 6/12/2018 Michael J Demarco, CEO, bought 68,301 with an average share price of $20.12 per share and the total transaction amounting to $1,374,216.12.
  • On 3/6/2018 David J Smetana, CFO, bought 5,800 with an average share price of $16.86 per share and the total transaction amounting to $97,788.00.
  • On 6/23/2017 Kevin Loiselle, Insider, bought 100,000 with an average share price of $0.08 per share and the total transaction amounting to $8,000.00.
  • On 3/17/2017 Alan G. Philibosian, Director, sold 15,000 with an average share price of $27.22 per share and the total transaction amounting to $408,300.00.

About Mack Cali Realty Corp (NYSE:CLI)
One of the country's leading real estate investment trusts (REITs), Mack-Cali Realty Corporation is an owner, manager and developer of premier office and multifamily properties in select waterfront and transit-oriented markets throughout the Northeast. Mack-Cali is headquartered in Jersey City, New Jersey, and is the visionary behind the city's flourishing waterfront, where the company is leading development, improvement and place-making initiatives for Harborside, a master-planned destination comprised of class A office, luxury apartments, diverse retail and restaurants, and public spaces. A fully-integrated and self-managed company, Mack-Cali has provided world-class management, leasing, and development services throughout New Jersey and the surrounding region for two decades. By regularly investing in its properties and innovative lifestyle amenity packages, Mack-Cali creates environments that empower tenants and residents to reimagine the way they work and live.

Recent Trading Activity for Mack Cali Realty Corp (NYSE:CLI)
Shares of Mack Cali Realty Corp closed the previous trading session at 20.06 −0.24 1.18% with 20.25 shares trading hands.