Piper Sandler analyst Alexander Goldfarb assigned a Buy rating to Brixmor Property (BRX – Research Report) today and set a price target of $30.00. The company’s shares closed yesterday at $22.18.
Goldfarb covers the Real Estate sector, focusing on stocks such as UDR, Centerspace, and Howard Hughes Holdings. According to TipRanks, Goldfarb has an average return of 1.8% and a 53.06% success rate on recommended stocks.
In addition to Piper Sandler, Brixmor Property also received a Buy from Barclays’s Anthony Powell in a report issued on May 1. However, on April 30, Mizuho Securities maintained a Hold rating on Brixmor Property (NYSE: BRX).
The company has a one-year high of $23.90 and a one-year low of $18.49. Currently, Brixmor Property has an average volume of 2.53M.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BRX in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Brixmor Property (BRX) Company Description:
Brixmor Property Group, Inc. operates as real estate investment trust. It owns and operates wholly owned portfolio of grocery anchored community and neighborhood shopping centers. The company was founded in 1985 and is headquartered in New York, NY.
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