Ladenburg Thalmann Initiates Coverage on Tanger (SKT) with a 'Buy' Rating, Sets Price Target at $35.00 USD.

Ladenburg Thalmann initiated coverage on Tanger (SKT) with a 'Buy' rating and a $35.00 price target. The average 1-year price target from 9 analysts is $34.33, with an average brokerage recommendation of 2.2, indicating "Outperform" status. The estimated GF Value for Tanger Inc (SKT) in one year is $28.35, suggesting a downside of 10.34% from the current price.

On July 18, 2025, Tanger (SKT) received a significant boost when Ladenburg Thalmann initiated coverage on the stock with a 'Buy' rating. This marks a notable development for Tanger (SKT), providing investors with fresh insights into the company's potential performance in the market.

Ladenburg Thalmann analyst Floris Van Dijkum set a price target for Tanger (SKT) at $35.00 USD, representing the analyst's view of the fair market value and potential growth trajectory for the company. This target is a fresh outlook for Tanger (SKT), as there was no prior price target specified [1].

Investors monitoring Tanger (SKT) will find Ladenburg Thalmann's initiation as a noteworthy indicator of the stock's prospects. The analyst's recommendation could influence market perceptions and strategic investment decisions going forward.

Wall Street analysts have forecasted a one-year price target for Tanger Inc (SKT) at an average of $34.33, with a high estimate of $38.00 and a low estimate of $32.00. The average target implies an upside of 8.58% from the current price of $31.62 [1].

Based on the consensus recommendation from 11 brokerage firms, Tanger Inc's (SKT) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies a Strong Buy, and 5 denotes a Sell [1].

GuruFocus estimates the GF Value for Tanger Inc (SKT) in one year to be $28.35, suggesting a downside of 10.34% from the current price of $31.62. The GF Value is GuruFocus' estimate of the fair value that the stock should be traded at, calculated based on historical multiples and future performance estimates [1].

Additionally, Tanger (NYSE:SKT) declared a $0.2925/share quarterly dividend, aligning with previous declarations. The forward yield is 3.6%, payable on August 15, with shareholders of record as of July 31 [2].

References:
[1] https://www.gurufocus.com/news/2988123/tanger-skt-initiated-with-a-buy-rating-by-ladenburg-thalmann-skt-stock-news
[2] https://seekingalpha.com/news/4467436-tanger-declares-0_2925-dividend