Brixmor Property Group Inc. with ticker code (BRX) have now 17 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 29 and 21 calculating the average target price we see 24.6. Given that the stocks previous close was at 22.75 this is indicating there is a potential upside of 8.1%. The day 50 moving average is 22.6 and the 200 day moving average is 22.13. The company has a market cap of $7,003m. Company Website: https://www.brixmor.com
The potential market cap would be $7,572m 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.
