Brixmor Property Group (NYSE:BRX – Get Rating) was upgraded by equities research analysts at StockNews.com from a "hold" rating to a "buy" rating in a research note issued to investors on Tuesday.

Several other brokerages have also issued reports on BRX. KeyCorp cut their price target on Brixmor Property Group from $29.00 to $26.00 and set an "overweight" rating on the stock in a research note on Tuesday, June 28th. Stifel Nicolaus cut their target price on shares of Brixmor Property Group from $27.00 to $22.50 in a research report on Wednesday, July 6th. JPMorgan Chase & Co. upgraded shares of Brixmor Property Group from a "neutral" rating to an "overweight" rating and lowered their price target for the stock from $27.00 to $25.00 in a research report on Wednesday, June 22nd. Credit Suisse Group started coverage on shares of Brixmor Property Group in a report on Wednesday, June 22nd. They issued an "outperform" rating and a $23.00 price objective on the stock. Finally, Jefferies Financial Group lowered shares of Brixmor Property Group from a "hold" rating to an "underperform" rating and lowered their target price for the stock from $29.00 to $20.00 in a report on Thursday, June 30th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $24.97.

Brixmor Property Group Trading Down 5.3 %

BRX stock traded down $1.21 during trading on Tuesday, hitting $21.60. The company had a trading volume of 1,777,303 shares, compared to its average volume of 2,378,931. The firm has a 50-day moving average price of $22.12 and a 200-day moving average price of $23.32. Brixmor Property Group has a 12 month low of $19.42 and a 12 month high of $27.19. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 1.84. The stock has a market cap of $6.47 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 1.60 and a beta of 1.55.

Institutional Trading of Brixmor Property Group

About Brixmor Property Group

(Get Rating)

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.

Further Reading

• Get a free copy of the StockNews.com research report on Brixmor Property Group (BRX)
• This Is What To Expect From The S&P 500 Now
• The Two Things You Need To Know About Oracle's FQ1 Report
• Three Value Stocks For A Volatile Market
• 3 Energy Stocks Nearing Breakouts From Cup-Shaped Patterns
• Do These Dividend Achievers Deserve A Place In Your Portfolio?

Receive News & Ratings for Brixmor Property Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brixmor Property Group and related companies with MarketBeat.com's FREE daily email newsletter.