Scotiabank Upgrades Brixmor Property Group (BRX)
Nasdaq Fintel reports that on September 5, 2023, Scotiabank upgraded their outlook for Brixmor Property Group (NYSE:BRX) from Sector Perform to Sector Outperform .
Analyst Price Forecast Suggests 17.74% Upside
As of August 31, 2023, the average one-year price target for Brixmor Property Group is 25.89. The forecasts range from a low of 22.22 to a high of $31.50. The average price target represents an increase of 17.74% from its latest reported closing price of 21.99.
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The projected annual revenue for Brixmor Property Group is 1,264MM, an increase of 2.39%. The projected annual non-GAAP EPS is 1.13.
What is the Fund Sentiment?
There are 798 funds or institutions reporting positions in Brixmor Property Group. This is a decrease of 16 owner(s) or 1.97% in the last quarter. Average portfolio weight of all funds dedicated to BRX is 0.37%, an increase of 3.07%. Total shares owned by institutions decreased in the last three months by 0.86% to 347,052K shares. The put/call ratio of BRX is 0.28, indicating a bullish outlook.