Brixmor Property Group (NYSE:BRX) Stock Price Expected to Rise, UBS Group Analyst Says

Brixmor Property Group (NYSE:BRXGet Free Report) had its price target increased by stock analysts at UBS Group from $34.00 to $37.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the real estate investment trust’s stock. UBS Group’s target price points to a potential upside of 19.19% from the company’s previous close.

Other research analysts have also recently issued research reports about the stock. Evercore upgraded shares of Brixmor Property Group to a “strong-buy” rating in a report on Wednesday, April 29th. Jefferies Financial Group upgraded shares of Brixmor Property Group to a “strong-buy” rating in a research note on Friday, June 26th. BMO Capital Markets increased their price objective on Brixmor Property Group from $35.00 to $37.00 and gave the company an “outperform” rating in a research note on Monday, June 15th. Scotiabank lifted their price objective on Brixmor Property Group from $29.00 to $33.00 and gave the company a “sector outperform” rating in a research note on Tuesday, March 24th. Finally, KeyCorp raised their price objective on shares of Brixmor Property Group from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Brixmor Property Group presently has a consensus rating of “Buy” and an average price target of $33.25.

Check Out Our Latest Analysis on Brixmor Property Group

Brixmor Property Group Trading Up 0.3%

BRX stock opened at $31.04 on Thursday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 1.81. The business’s 50-day moving average is $30.88 and its 200 day moving average is $29.27. Brixmor Property Group has a 12-month low of $24.66 and a 12-month high of $32.80. The stock has a market cap of $9.53 billion, a price-to-earnings ratio of 21.56, a PEG ratio of 2.60 and a beta of 0.98.

Brixmor Property Group (NYSE:BRXGet Free Report) last issued its earnings results on Monday, April 27th. The real estate investment trust reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.16. Brixmor Property Group had a net margin of 31.99% and a return on equity of 14.85%. The company had revenue of $354.82 million for the quarter, compared to the consensus estimate of $349.43 million. During the same period in the previous year, the firm earned $0.56 earnings per share. Brixmor Property Group’s quarterly revenue was up 5.1% compared to the same quarter last year. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. On average, sell-side analysts anticipate that Brixmor Property Group will post 2.36 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its position in Brixmor Property Group by 4.6% in the fourth quarter. NewEdge Advisors LLC now owns 8,657 shares of the real estate investment trust’s stock valued at $227,000 after purchasing an additional 384 shares during the period. Parallel Advisors LLC increased its position in Brixmor Property Group by 17.4% during the 3rd quarter. Parallel Advisors LLC now owns 2,681 shares of the real estate investment trust’s stock worth $74,000 after purchasing an additional 398 shares during the period. Fifth Third Wealth Advisors LLC increased its position in Brixmor Property Group by 4.0% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 10,775 shares of the real estate investment trust’s stock worth $310,000 after purchasing an additional 413 shares during the period. IFM Investors Pty Ltd increased its position in Brixmor Property Group by 0.9% during the 1st quarter. IFM Investors Pty Ltd now owns 50,073 shares of the real estate investment trust’s stock worth $1,442,000 after purchasing an additional 459 shares during the period. Finally, Quadrant Capital Group LLC raised its stake in shares of Brixmor Property Group by 2.5% during the 3rd quarter. Quadrant Capital Group LLC now owns 19,283 shares of the real estate investment trust’s stock worth $534,000 after buying an additional 465 shares in the last quarter. 98.43% of the stock is owned by hedge funds and other institutional investors.

About Brixmor Property Group

(Get Free Report)

Brixmor Property Group is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of open-air shopping centers across the United States. The company acquires and leases retail properties that feature everyday, necessity-based tenants such as grocery stores, discount retailers, and service providers. Brixmor’s core strategy centers on generating stable, long-term income streams through tenant relationships and targeted property enhancements.

The company’s main business activities include proactive leasing, property upkeep and capital improvement projects designed to maximize occupancy and tenant satisfaction.

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