Short Term Rating on Brixmor Property Group (BRX)

Brixmor Property Group (BRX) : 3 brokerage houses believe that Brixmor Property Group (BRX) is a Strong Buy at current levels. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Brixmor Property Group (BRX). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 12 Wall Street Analysts endorse the stock as a Hold with a rating of 2.67.

Brixmor Property Group (BRX) : 9 investment research analysts covering Brixmor Property Group (BRX) have an average price target of $26.25 for the near short term. The highest target price given by the Brokerage Firm to the stock is $28 and the lowest target is $23 for the short term. Analysts expect the variance to be within $1.6 of the average price.

Company shares have received an average consensus rating of Hold for the current week


Brixmor Property Group (NYSE:BRX): The stock opened at $27.39 on Tuesday but the bulls could not build on the opening and the stock topped out at $27.47 for the day. The stock traded down to $26.85 during the day, due to lack of any buying support eventually closed down at $26.98 with a loss of -1.24% for the day. The stock had closed at $27.32 on the previous day. The total traded volume was 2,130,146 shares.

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.

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