In a report issued on October 12, Ross L Smotrich from Barclays maintained a Hold rating on Brixmor Property (NYSE: BRX), with a price target of $16. The company’s shares closed on Friday at $15.35.
According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 6.8% and a 62.2% success rate. Smotrich covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate Investment, Apartment Investment & Management, and Safety Income & Growth Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Brixmor Property with a $18.25 average price target.
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Brixmor Property’s market cap is currently $4.65B and has a P/E ratio of 15.99. The company has a Price to Book ratio of 1.63.
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Brixmor Property Group, Inc. is a 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.
