Regency Centers (REG) Gets a Hold Rating from BMO Capital


BMO Capital analyst Jeremy Metz maintained a Hold rating on Regency Centers (NYSE: REG) today and set a price target of $62. The company’s shares opened today at $63.60.

According to TipRanks.com, Metz is a 1-star analyst with an average return of -0.9% and a 52.4% success rate. Metz covers the Financial sector, focusing on stocks such as National Storage Affiliates Trust, General Growth Properties Inc, and Monmouth Real Estate ate.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Regency Centers with a $65.80 average price target.

See today’s analyst top recommended stocks >>

Regency Centers’ market cap is currently $10.76B and has a P/E ratio of 49.63. The company has a Price to Book ratio of 1.64.

Based on the recent corporate insider activity of 69 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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts