Bluerock Residential Growth REI – Consensus Indicates Potential 9.0% Upside

Broker Ratings

Bluerock Residential Growth REI with ticker code (BRG) have now 5 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 14 and 9 calculating the average target price we see 11.8. With the stocks previous close at 10.83 this is indicating there is a potential upside of 9.0%. There is a 50 day moving average of 11.72 while the 200 day moving average is 10.58. The company has a market cap of $306m. Company Website:

Bluerock Residential Growth REIT (NYSE American: BRG) is a real estate investment trust that focuses on developing and acquiring a diversified portfolio of institutional-quality highly amenitized live/work/play apartment communities in demographically attractive knowledge economy growth markets to appeal to the renter by choice. The Company’s objective is to generate value through off-market/relationship-based transactions and, at the asset level, through value-add improvements to properties and to operations. The Company is included in the Russell 2000 and Russell 3000 Indexes. BRG has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes. Bluerock Residential Growth REIT operates as a subsidiary of Bluerock Multifamily Advisor, LLC.

You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.

Share on Stocktwits
You might also enjoy reading  Bluerock Residential Growth REI - Consensus Indicates Potential 6.0% Upside

Good news travels fast (but only if you make that happen):

Share on twitter
Share on linkedin
Share on facebook
Share on email
Share on reddit

AIM All Share Index