Barclays analyst Ross L Smotrich maintained a Hold rating on Regency Centers (NYSE: REG) on October 12 and set a price target of $63. The company’s shares closed on Friday at $61.74.
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 Regency Centers with a $67.67 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $70.64 and a one-year low of $54.87. Currently, Regency Centers has an average volume of 1.36M.
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock.
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.
Regency Centers Corp. operates as a real estate investment trust, which engages in the ownership, management, leasing, acquisition, and development of retail shopping centers. Its portfolio includes thriving properties merchandised with productive grocers, restaurants, service providers, and retailers that connect to their neighborhoods, communities, and customers. The company was founded by Martin Edward Stein, Sr. and Joan Wellhouse Newton in 1963 and is headquartered in Jacksonville, FL.
