Scotiabank analyst Greg McGinniss initiated coverage with a Buy rating on Brixmor Property (BRX – Research Report) today and set a price target of $24.00. The company’s shares closed yesterday at $20.16.
McGinniss covers the Real Estate sector, focusing on stocks such as Brixmor Property, Kimco Realty, and Realty Income. According to TipRanks, McGinniss has an average return of -7.5% and a 0.00% success rate on recommended stocks.
In addition to Scotiabank, Brixmor Property also received a Buy from Piper Sandler’s Alexander Goldfarb in a report issued today. However, on the same day, BMO Capital maintained a Hold rating on Brixmor Property (NYSE: BRX).
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BRX market cap is currently $6.06B and has a P/E ratio of 17.17.
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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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