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Brixmor Property (BRX) Receives a Hold from Evercore ISI

Evercore ISI analyst Samir Khanal maintained a Hold rating on Brixmor Property (BRXResearch Report) yesterday and set a price target of $26.00. The company’s shares closed last Wednesday at $25.64, close to its 52-week high of $27.15.

According to TipRanks.com, Khanal is a 2-star analyst with an average return of 0.3% and a 54.2% success rate. Khanal covers the Financial sector, focusing on stocks such as Americold Realty, Regency Centers, and Macerich.

Currently, the analyst consensus on Brixmor Property is a Moderate Buy with an average price target of $28.44, implying an 11.6% upside from current levels. In a report issued on February 8, BMO Capital also maintained a Hold rating on the stock with a $26.00 price target.

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The company has a one-year high of $27.15 and a one-year low of $17.73. Currently, Brixmor Property has an average volume of 2.44M.

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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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