Brandywine Realty Trust (NYSE:BDN): 6 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $15.92 in Brandywine Realty Trust (NYSE:BDN). However, the stock price could fluctuate by $ 0.92 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $17 price target with the lower price estimate is calculated at $15
Many analysts have stated their opinion on the company shares. Equity Analysts at the Evercore ISI Group downgrades the rating on Brandywine Realty Trust (NYSE:BDN). The brokerage firm has issued a Hold rating on the shares. The shares were previously rated Buy. The rating by the firm was issued on April 22, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Nichols Anthony A Sr, director of Brandywine Realty Trust, had unloaded 8,000 shares at an average price of $13.11 in a transaction dated on March 4, 2016. The total value of the transaction was worth $104,880.
Brandywine Realty Trust (NYSE:BDN) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.04 points or 0.25% at $16.18 with 1,525,477 shares getting traded. Post opening the session at $16.27, the shares hit an intraday low of $16.15 and an intraday high of $16.45 and the price was in this range throughout the day. The company has a market cap of $2,832 million and the number of outstanding shares have been calculated to be 175,015,400 shares. The 52-week high of Brandywine Realty Trust (NYSE:BDN) is $16.45 and the 52-week low is $11.22.
Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Trust provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, industrial, retail and mixed-use properties. The Trust owns its assets and conducts its operations through the Brandywine Operating Partnership, L.P. (Operating Partnership) and subsidiaries of the Operating Partnership. The Trust is the sole general partner of the Operating Partnership. The Trusts portfolio is managed through seven segments: Pennsylvania; Philadelphia Central Business District (CBD); Metropolitan Washington, D.C.; New Jersey/Delaware; Richmond, Virginia; Austin, Texas, and California. The Pennsylvania segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania.