Barclays Sticks to Its Buy Rating for Brandywine Realty (BDN)


In a report released yesterday, Ross L Smotrich from Barclays maintained a Buy rating on Brandywine Realty (BDN), with a price target of $18. The company’s shares closed yesterday at $15.75.

According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 7.2% and a 67.3% success rate. Smotrich covers the Financial sector, focusing on stocks such as Essential Properties Realty Trust Inc, Pennsylvania Real Estate Investment, and Apartment Investment & Management.

Currently, the analyst consensus on Brandywine Realty is a Hold with an average price target of $17.88.

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The company has a one-year high of $17.23 and a one-year low of $12.32. Currently, Brandywine Realty has an average volume of 2.15M.

Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BDN in relation to earlier this year. Last month, Gerard Sweeney, the President & CEO of BDN sold 84,973 shares for a total of $1,351,071.

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.

Brandywine Realty Trust is a real estate investment trust, which engages in owning, leasing, and managing an urban, town centre and suburban office portfolio. Its services include asset management, development and construction, investment, marketing & leasing, property management and tenant.

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