Brandywine Realty Trust (NYSE:BDN) : 4 brokerage houses believe that Brandywine Realty Trust (NYSE:BDN) is a Strong Buy at current levels. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Brandywine Realty Trust (NYSE:BDN). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 11 Wall Street Analysts endorse the stock as a Buy with a rating of 2.27.
Brandywine Realty Trust (NYSE:BDN) : Average target price received by Brandywine Realty Trust (NYSE:BDN) is $15.92 with an expected standard deviation of $0.92. The most aggressive target on the stock is $17, whereas the most downbeat target is $15. 6 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week Also, Major Brokerage house, Evercore ISI Group downgrades its ratings on Brandywine Realty Trust (NYSE:BDN). According to the latest information available, the shares are now rated Hold by the analysts at the agency. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on April 22, 2016.
Brandywine Realty Trust (NYSE:BDN): stock turned positive on Tuesday. Though the stock opened at $15.85, the bulls momentum made the stock top out at $16.32 level for the day. The stock recorded a low of $15.81 and closed the trading day at $16.29, in the green by 3.43%. The total traded volume for the day was 1,249,419. The stock had closed at $15.75 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Nichols Anthony A Sr, director of Brandywine Realty Trust, had unloaded 8,000 shares at an average price of $13.11 in a transaction dated on March 4, 2016. The total value of the transaction was worth $104,880.
Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Trust provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, industrial, retail and mixed-use properties. The Trust owns its assets and conducts its operations through the Brandywine Operating Partnership, L.P. (Operating Partnership) and subsidiaries of the Operating Partnership. The Trust is the sole general partner of the Operating Partnership. The Trusts portfolio is managed through seven segments: Pennsylvania; Philadelphia Central Business District (CBD); Metropolitan Washington, D.C.; New Jersey/Delaware; Richmond, Virginia; Austin, Texas, and California. The Pennsylvania segment includes properties in Chester, Delaware and Montgomery counties in the Philadelphia suburbs. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania.