BOSTON ( TheStreet) -- U.S. stocks gained Wednesday as lower producer prices confirmed that concern about inflation is premature.The Dow Jones Industrial Average rose to a one-year high. Here are three real estate investment trusts, or REITs, that climbed to 52-week highs. The REITs have soared over the past year and are now approaching the most-bullish targets of sell-side analysts. Does this indicate investor complacency or improved fundamentals? 3. Taubman Centers ( TCO) rose 2% to $41.89, recording a high of $41.81. Shares of the shopping-center owner have rallied 12% in the past month. Quarter: Taubman swung to a fourth-quarter profit of $7.6 million, or 7 cents a share, from a loss of $97 million, or $1.90, a year earlier. Revenue dropped 14% to $169 million. The operating margin narrowed from 38% to 31%. Taubman holds $20 million of cash and $2.7 billion of debt. Stock: Taubman Centers has surged 152% in the past year, outperforming major benchmarks. The stock trades at a price-to-projected-earnings ratio of 40, a premium to the market, but a 35% discount to its peer group average. It's also cheap based on sales and cash flow. Shares offer a 4% distribution yield. Consensus: Of analysts covering the REIT, three recommend purchasing its stock, six advise holding and two suggest selling the shares. Bank of America expects the stock to advance to $43 and Keefe, Bruyette & Woods projects it will hit $42, implying that there is limited remaining upside.