BMO Capital Remains a Hold on Brixmor Property (BRX)

In a report released today, Juan C. Sanabria from BMO Capital maintained a Hold rating on Brixmor Property (BRXResearch Report), with a price target of $21.00. The company’s shares closed yesterday at $21.47.

C. Sanabria covers the Financial sector, focusing on stocks such as Cubesmart, Healthpeak Properties, and Welltower. According to TipRanks, C. Sanabria has an average return of -5.4% and a 35.00% success rate on recommended stocks.

Brixmor Property has an analyst consensus of Moderate Buy, with a price target consensus of $24.00.

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Based on Brixmor Property’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $306.13 million and a net profit of $87.79 million. In comparison, last year the company earned a revenue of $287.02 million and had a net profit of $90.43 million

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Brixmor Property Group, Inc. operates as real estate investment trust. It owns and operates wholly owned portfolio of grocery anchored community and neighborhood shopping centers. The company was founded in 1985 and is headquartered in New York, NY.

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