Brixmor Property Group (NYSE:BRX) 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 2.67 by 12 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. JP Morgan upgrades their rating on the shares of Brixmor Property Group (NYSE:BRX). The current rating of the shares is Neutral. Earlier, the shares were rated a Underweight by the brokerage firm. Equity Analysts at the Firm maintains the price target to $26 per share. The rating by the firm was issued on June 3, 2016.
Brixmor Property Group (NYSE:BRX): 9 analysts have set the short term price target of Brixmor Property Group (NYSE:BRX) at $26.25. The standard deviation of short term price target has been estimated at $1.6, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 28 and $23 respectively.
Brixmor Property Group (NYSE:BRX) rose 0.19% or 0.05 points on Tuesday and made its way into the gainers of the day. After trading began at $25.93 the stock was seen hitting $26.03 as a peak level and $25.72 as the lowest level. The stock ended up at $25.9. The daily volume was measured at 1,372,655 shares. The 52-week high of the share price is $26.98 and the 52-week low is $19.91. The company has a market cap of $7,751 million.
Shares of Brixmor Property Group Inc. rose by 0.58% in the last five trading days and 4.39% for the last 4 weeks. Brixmor Property Group Inc. is up 7.22% in the last 3-month period. Year-to-Date the stock performance stands at 2.25%.
Brixmor Property Group Inc. (BPG) is an internally managed real estate investment trust (REIT). Brixmor Operating Partnership LP and subsidiaries (collectively, the Operating Partnership) is the entity through which BPG conducts its operations and owns its assets. BPG owns 100% of the common stock of BPG Subsidiary Inc. (BPG Sub), which is the sole member of Brixmor OP GP LLC (the General Partner), the sole general partner of the Operating Partnership. The Companys principal business is the ownership and operation of community and neighborhood shopping centers. The Companys portfolio consists of 521 shopping centers totaling approximately 87 million square feet of gross leasable area. 520 of these shopping centers are 100% owned by the Company. The Companys community and neighborhood shopping centers provide a mix of retailers and are primarily located in the 50 Metropolitan Statistical Areas.