What Analysts Are Saying About Regency Centers Stock
Portfolio Pulse from Benzinga Insights
In the last three months, 4 analysts have published ratings on Regency Centers (NASDAQ:REG), showing a mix of bullish and indifferent sentiments. Analysts have decreased the average 12-month price target by 6.86%, with a current average target of $66.75. Regency Centers has shown strong financial performance with a 14.43% revenue growth rate and a 29.23% net margin, but its ROE lags behind industry averages.
May 20, 2024 | 5:00 pm
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NEUTRAL IMPACT
Regency Centers (NASDAQ:REG) has received mixed analyst ratings over the past three months, with a decrease in the average 12-month price target by 6.86%. The company's strong financial performance is highlighted by a 14.43% revenue growth rate and a 29.23% net margin, although its ROE is below industry averages.
The mixed analyst ratings and the decrease in the average price target suggest a neutral short-term impact on the stock price. While the company's financial performance is strong, the lower ROE and the reduction in price targets balance out the positive aspects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100