Unveiling 5 Analyst Insights On Regency Centers
Portfolio Pulse from Benzinga Insights
Over the past three months, five analysts have evaluated Regency Centers (NASDAQ:REG), with opinions ranging from bullish to bearish. The average 12-month price target has increased to $68.0, reflecting a 2.41% rise from the previous target. Analysts from JP Morgan, Mizuho, Truist Securities, and Scotiabank have adjusted their ratings and price targets, indicating mixed sentiments. Regency Centers, a major retail REIT, has shown strong revenue growth but faces challenges in profitability and returns.
August 08, 2024 | 7:00 pm
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Regency Centers (NASDAQ:REG) has received mixed analyst ratings over the past three months, with a new average 12-month price target of $68.0, up 2.41%. Analysts from JP Morgan, Mizuho, Truist Securities, and Scotiabank have adjusted their ratings and price targets, reflecting varied sentiments. The company has shown strong revenue growth but faces challenges in profitability and returns.
The mixed analyst ratings and slight increase in the average price target suggest a neutral short-term impact on Regency Centers' stock. While the company shows strong revenue growth, challenges in profitability and returns may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100