Scotiabank Raises Macerich Price Target to $19.00, Maintains Sector Perform Rating

Scotiabank maintains its "Sector Perform" rating for Macerich (MAC) and raises the price target from $18.00 to $19.00, a 5.56% increase. The average analyst price target for MAC is $19.62, with a high estimate of $25.00 and a low estimate of $15.00, implying an upside of 13.06% from the current price of $17.35. The estimated GF Value for Macerich Co in one year is $15.04, suggesting a downside of 13.31% from the current price.