Brixmor Property Group Inc. – Consensus Indicates Potential 18.2% Upside

Broker Ratings

Brixmor Property Group Inc. found using ticker (BRX) now have 16 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 29 and 22 and has a mean target at 25. With the stocks previous close at 21.15 this would imply there is a potential upside of 18.2%. There is a 50 day moving average of 22.15 and the 200 moving average now moves to 23.76. The market capitalisation for the company is $6,374m. Company Website: https://www.brixmor.com

The potential market cap would be $7,534m based on the market concensus.

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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. Brixmor is a proud real estate partner to approximately 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets, Wal-Mart, Ross Stores and L.A. Fitness.

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