Brixmor Property Group Inc. with ticker code (BRX) have now 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 29 and 21 and has a mean target at $24.83. Given that the stocks previous close was at $20.69 and the analysts are correct then we can expect a percentage increase in value of 20.0%. There is a 50 day moving average of $21.46 while the 200 day moving average is $21.70. The market cap for the company is $6,155m. Visit the company website at: https://www.brixmor.com
The potential market cap would be $7,386m based on the market consensus.
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.
The company has a dividend yield of 5.03% with the ex dividend date set at 3-4-2023 (DMY).
Other points of data to note are a P/E ratio of 17.5, revenue per share of 4.06 and a 3.3% return on assets.
