Saul Centers (BFS) Lowered to Sell at Zacks Investment Research
Saul Centers (NYSE:BFS) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.
According to Zacks, “SAUL CENTERS, INC. is a real estate investment trust which is engaged in the management and development of the shopping center business of the Saul Organization. “
Shares of NYSE:BFS traded up $1.20 on Thursday, reaching $51.34. The company’s stock had a trading volume of 42,600 shares, compared to its average volume of 48,389. Saul Centers has a 52-week low of $45.49 and a 52-week high of $60.65. The stock has a market capitalization of $1.14 billion, a P/E ratio of 16.51, a PEG ratio of 3.06 and a beta of 1.02. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 4.17.
About Saul Centers
Saul Centers, Inc is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 60 properties which includes (a) 49 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.3 million square feet of leasable area and (b) four land and development properties.
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