Peeling Back The Layers: Exploring Brixmor Property Group Through Analyst Insights
Portfolio Pulse from Benzinga Insights
Analysts have recently updated their ratings and price targets for Brixmor Property Group (NYSE:BRX), with a mix of bullish and indifferent stances. Over the past three months, four analysts have provided ratings, with two bullish and two indifferent. The average 12-month price target is $22.69, with a high of $23.00 and a low of $22.00, marking a 3.94% decrease in the average target. Analysts from Mizuho and Wells Fargo have adjusted their price targets, with Mizuho's Vikram Malhotra raising his target to $23.00 and Haendel St. Juste lowering his to $22.00. Wells Fargo's Tammi Fique and Stifel's Simon Yarmak also lowered their targets. Brixmor's financial performance shows strong net margin and ROE, but revenue growth below industry average and a market capitalization below industry benchmarks.
January 10, 2024 | 4:00 pm
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NEUTRAL IMPACT
Brixmor Property Group has received mixed analyst ratings with a slight decrease in the average price target. The company's strong net margin and ROE are positive, but its revenue growth and market capitalization are below industry averages.
The mixed analyst ratings and the decrease in the average price target suggest a neutral short-term impact on BRX's stock price. The positive financial metrics like net margin and ROE could balance the negative sentiment from lower revenue growth and market cap.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100