Brandywine Realty Trust (BDN) has risen sharply, recording gains of 0.54% in the past 4 weeks. However, the stock has corrected -1.01% in the past 1 week, providing a good buying opportunity on dips. Brandywine Realty Trust (BDN) : During the past 4 weeks, traders have been relatively bearish on Brandywine Realty Trust (BDN), hence the stock is down -1.9% 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 -1.43% relative to the S&P 500.
Brandywine Realty Trust (NYSE:BDN): The stock opened at $16.73 on Friday but the bulls could not build on the opening and the stock topped out at $16.75 for the day. The stock traded down to $16.60 during the day, due to lack of any buying support eventually closed down at $16.70 with a loss of -0.18% for the day. The stock had closed at $16.73 on the previous day. The total traded volume was 1,561,623 shares.
The stock has recorded a 20-day Moving Average of 0.47% and the 50-Day Moving Average is 3.03%. Brandywine Realty Trust is up 8.92% in the last 3-month period. Year-to-Date the stock performance stands at 26.14%.
Brandywine Realty Trust (BDN) : The most positive equity analysts on Brandywine Realty Trust (BDN) expects the shares to touch $18, whereas, the least positive believes that the stock will trade at $14 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $16.64 with an expected fluctuation of $1.44 from the mean.
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.