Barclays cuts Tanger stock target to USD 41.00

Published on 10/15/2026 at 18:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Eleven firms set Hold at USD 40.17 on October 15, 2026. Tanger stock costs EUR 31.18 at Lang & Schwarz on October 15, 2026 at 6:37 p.m. CEST.

Analyst targets shape the picture

Barclays lowered its Tanger target from USD 42.00 to USD 41.00 on September 28, 2026.
Eleven firms held a Hold consensus with an average target of USD 40.17 on October 15, 2026.
Tanger stock traded at EUR 31.18 at Lang & Schwarz on October 15, 2026 at 6:37 p.m. CEST.
Tanger had a market capitalization of USD 4.0 billion and a P/E ratio of 31.79.

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Barclays lowered its Tanger target from USD 42.00 to USD 41.00 on September 28, 2026, while retaining an Equal Weight rating, according to MarketBeat. The revised target stood 17.24 percent above the Nasdaq quote of USD 34.97 on October 15, 2026. Tanger stock was trading at EUR 31.18 at Lang & Schwarz on October 15, 2026 at 6:37 p.m. CEST.

Consensus target reaches USD 40.17

MarketBeat reported that eleven firms covered Tanger with a Hold consensus on October 15, 2026. The average 12-month target was USD 40.17, while the range ran from USD 37.00 to USD 44.00. That average target was 14.81 percent above the Nasdaq quote of USD 34.97, using the same October 15, 2026 market snapshot.

Stock sits below its yearly high

The Nasdaq quote stood at USD 34.97 at 12:43 p.m. ET on October 15, 2026. The session range was USD 34.54 to USD 35.12, and volume reached 365,743 shares against an average of 914,339. The 52-week range was USD 31.13 to USD 42.53, placing the quote 17.77 percent below the high and 12.32 percent above the low.

The latest reported quarter ended June 30, 2026. Tanger posted revenue of USD 156.39 million and net income attributable to common shareholders of USD 33.24 million, according to Tanger. Diluted earnings per share were USD 0.29, compared with USD 0.24 in the first quarter of 2026.

Valuation and peer comparison

Tanger had a market capitalization of USD 4.0 billion, a P/E ratio of 31.79 and a dividend yield of 3.00 percent on October 15, 2026. The company operates outlet and open-air retail centers across the United States and Canada.

Comparison with peers

Tanger (NYSE, USD): P/E 31.79, market capitalization USD 4.0 billion

Simon Property Group (NYSE, USD): daily change 2.01 percent, P/E 14.33, market capitalization USD 65.6 billion

Macerich (NYSE, USD): daily change 3.18 percent, P/E minus 35.12, market capitalization USD 6.8 billion

Dates and investor focus

Tanger's investor-relations calendar listed the third-quarter 2026 earnings release for November 4, 2026. The next scheduled dividend payment is November 13, 2026, with October 30, 2026 as the record date, according to the company's dividend announcement carried by StockTitan.

Price and valuation remain separate

The euro quotation and the Nasdaq quotation serve different investor perspectives. The analyst targets provide a USD comparison, while the Lang & Schwarz quotation gives German investors a dated euro market level.

The further course of trading is shown by the continuously updated real-time quote of Tanger stock.