Brandywine Realty Trust (BDN) has an average broker rating of 2.27, which is interpreted as a Buy, as rated by 11 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.
Brandywine Realty Trust (BDN) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $17 and the lowest price target forecast is $15. The average forecast of all the analysts is $15.92 and the expected standard deviation is $0.92.
Brandywine Realty Trust (NYSE:BDN): The stock opened at $16.64 on Wednesday but the bulls could not build on the opening and the stock topped out at $16.70 for the day. The stock traded down to $16.48 during the day, due to lack of any buying support eventually closed down at $16.58 with a loss of -0.42% for the day. The stock had closed at $16.65 on the previous day. The total traded volume was 842,659 shares.
Also, Brokerage firm Evercore ISI Group downgrades its rating on Brandywine Realty Trust (NYSE:BDN). The shares have been rated Hold. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on April 22, 2016. The company shares have rallied 21.80% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $16.86 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $15.85 and the 200 Day Moving Average price is recorded at $14.05.
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.