Brixmor Property Group (NYSE:BRX – Get Rating) was downgraded by stock analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Wednesday.

A number of other brokerages also recently commented on BRX. Jefferies Financial Group downgraded shares of Brixmor Property Group from a "hold" rating to an "underperform" rating and dropped their price objective for the company from $29.00 to $20.00 in a research report on Thursday, June 30th. Evercore ISI dropped their price objective on shares of Brixmor Property Group from $24.00 to $23.00 and set an "in-line" rating on the stock in a research report on Tuesday. Credit Suisse Group assumed coverage on shares of Brixmor Property Group in a research report on Wednesday, June 22nd. They issued an "outperform" rating and a $23.00 target price on the stock. Mizuho increased their target price on shares of Brixmor Property Group from $24.00 to $26.00 and gave the company a "buy" rating in a research report on Tuesday, August 16th. Finally, KeyCorp dropped their target price on shares of Brixmor Property Group from $29.00 to $26.00 and set an "overweight" rating on the stock in a research report on Tuesday, June 28th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $24.89.

Brixmor Property Group Stock Up 2.3 %

Shares of NYSE:BRX traded up $0.43 during trading hours on Wednesday, reaching $18.81. The stock had a trading volume of 2,655,373 shares, compared to its average volume of 2,376,614. Brixmor Property Group has a 1 year low of $18.06 and a 1 year high of $27.19. The firm's 50 day moving average is $21.99 and its 200-day moving average is $22.94. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.57 and a current ratio of 0.57. The stock has a market capitalization of $5.64 billion, a price-to-earnings ratio of 19.39, a P/E/G ratio of 1.30 and a beta of 1.55.

Institutional Trading of Brixmor Property Group

Brixmor Property Group Company Profile

(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.

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