Brixmor Property Group (BRX) has been under a strong bear grip, hence the stock is down -0.32% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.63% in the past 1 week. The stock has risen by 2.95% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.53% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.99% and the fifty day Moving Average is 3.84%. Brixmor Property Group Inc. is up 13.06% in the last three month period. Year-to-Date the stock performance stands at 12.57%.
Brixmor Property Group (BRX) : Average target price received by Brixmor Property Group (BRX) is $27.67 with an expected standard deviation of $2.65. The most aggressive target on the stock is $31, whereas the most downbeat target is $23. 9 financial analysts are currently covering the stock.
Brixmor Property Group (NYSE:BRX): On Fridays trading session , Opening price of the stock was $28.45 with an intraday high of $28.69. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $28.031. However, the stock managed to close at $28.25, a loss of 0.25% for the day. On the previous day, the stock had closed at $28.32. The total traded volume of the day was 2,682,281 shares.
Brixmor Property Group Inc. (BPG) is an internally managed real estate investment trust (REIT). Brixmor Operating Partnership LP and subsidiaries (collectively, the Operating Partnership) is the entity through which BPG conducts its operations and owns its assets. BPG owns 100% of the common stock of BPG Subsidiary Inc. (BPG Sub), which is the sole member of Brixmor OP GP LLC (the General Partner), the sole general partner of the Operating Partnership. The Companys principal business is the ownership and operation of community and neighborhood shopping centers. The Companys portfolio consists of 521 shopping centers totaling approximately 87 million square feet of gross leasable area. 520 of these shopping centers are 100% owned by the Company. The Companys community and neighborhood shopping centers provide a mix of retailers and are primarily located in the 50 Metropolitan Statistical Areas.