Brixmor Property Group found using ticker (BRX) have now 18 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 32 and 24 with a mean TP of 26.72. With the stocks previous close at 25.08 this is indicating there is a potential upside of 6.5%. The 50 day moving average now sits at 25.26 and the 200 day MA is 23.89. The company has a market capitalisation of $7,386m. Company Website: https://www.brixmor.com
The potential market cap would be $7,869m based on the market concensus.
Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 395 retail centers comprise approximately 69 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor’s vision “to be the center of the communities we serve” and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a proud real estate partner to approximately 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets, Wal-Mart, Ross Stores and L.A. Fitness.
