Wells Fargo analyst Dori Kesten maintained a Hold rating on Brixmor Property (BRX – Research Report) today and set a price target of $25.00. The company’s shares closed yesterday at $22.47.
Kesten covers the Real Estate sector, focusing on stocks such as Ryman, Xenia Hotels & Resorts, and SITE Centers. According to TipRanks, Kesten has an average return of 7.9% and a 67.77% success rate on recommended stocks.
In addition to Wells Fargo, Brixmor Property also received a Hold from Mizuho Securities’s Haendel St. Juste in a report issued on February 23. However, on the same day, J.P. Morgan maintained a Buy rating on Brixmor Property (NYSE: BRX).
See today’s best-performing stocks on TipRanks >>
Based on Brixmor Property’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $316.49 million and a net profit of $72.7 million. In comparison, last year the company earned a revenue of $308.57 million and had a net profit of $109.41 million
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.
Read More on BRX:
