Regency Centers Corporation (REG) : During the past 4 weeks, traders have been relatively bearish on Regency Centers Corporation (REG), hence the stock is down -1.65% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.67% relative to the S&P 500. The 4-week change in the price of the stock is -3.64% and the stock has fallen -1.15% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.78% and the 50-Day Moving Average is 5.5%.The 200 Day SMA reached 2.59% Regency Centers Corporation has dropped 2.56% during the last 3-month period . Year-to-Date the stock performance stands at 14.53%.
Regency Centers Corporation (REG) : 9 investment research analysts covering Regency Centers Corporation (REG) have an average price target of $85.11 for the near short term. The highest target price given by the Brokerage Firm to the stock is $91 and the lowest target is $77 for the short term. Analysts expect the variance to be within $4.65 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Regency Centers Corporation (NYSE:REG): stock was range-bound between the intraday low of $75.85 and the intraday high of $76.91 after having opened at $76.09 on Fridays session. The stock finally closed in the red at $76.09, a loss of -0.08%. The stock remained in the red for the whole trading day. The total traded volume was 1,365,123 shares. The stock failed to cross $76.91 in Fridays trading. The stocks closing price on Thursday was $76.49.
Regency Centers Corporation is a real estate investment trust (REIT) and the general partner of the Regency Centers, L.P. (operating partnership). The Companys operating, investing and financing activities are performed through the Operating Partnership, its wholly owned subsidiaries and through its co-investment partnerships. The Companys properties consist primarily of grocery-anchored shopping centers. As of December 31, 2014, the Company directly owned 202 Consolidated Properties located in 21 states representing 23.2 million square feet of gross leasable area (GLA). Through co-investment partnerships, it owns partial ownership interests in 120 Unconsolidated Properties located in 23 states and the District of Columbia representing 15.0 million square feet of GLA. The shopping centers tenant base includes national and regional supermarkets, drug stores, discount department stores and other retailers.