Brandywine Realty Trust (NYSE:BDN) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.27 by 11 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 7 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Brokerage Firm, Evercore ISI Group, downgrades their rating on the shares of Brandywine Realty Trust (NYSE:BDN). Evercore ISI Group has a Hold rating on the shares. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on April 22, 2016.
Brandywine Realty Trust (NYSE:BDN): The mean estimate for the short term price target for Brandywine Realty Trust (NYSE:BDN) stands at $15.92 according to 6 Analysts. The higher price target estimate for the stock has been calculated at $17 while the lower price target estimate is at $15.
Brandywine Realty Trust (NYSE:BDN) rose 0.25% or 0.04 points on Tuesday and made its way into the gainers of the day. After trading began at $15.87 the stock was seen hitting $15.925 as a peak level and $15.79 as the lowest level. The stock ended up at $15.85. The daily volume was measured at 1,421,644 shares. The 52-week high of the share price is $16.45 and the 52-week low is $11.22. The company has a market cap of $2,774 million.
Brandywine Realty Trust has dropped 1% in the last five trading days, however, the shares have posted positive gains of 6.3% in the last 4 weeks. Brandywine Realty Trust is up 19.56% in the last 3-month period. Year-to-Date the stock performance stands at 18.58%.
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.