Goldman raised the price target for the Brixmor Property Group Inc. (NYSE:BRX) stock from “a Buy” to “a Neutral”. The rating was released on March 09, 2021. We previously noted in another research note published on January 19, 2021 by BofA Securities that upgraded the stock from a Neutral to a Buy with a price target of $18.50 for BRX stock. The research report from Wells Fargo has downgraded the stock from Overweight to Equal Weight, with a price target set at $17. The stock was downgraded by Evercore ISI, who disclosed in a research note on November 25, 2020, from Outperform to In-line and set the price objective to $17. In their research brief published July 08, 2020, Compass Point analysts downgraded the Brixmor Property Group Inc. stock from Buy to Neutral with a price target of $13.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Brixmor Property Group Inc. (NYSE:BRX) dipped -1.50% to close Thursday’s market session at $22.31, lower as compared to yesterday’s close. The stock price fluctuated between $21.925 and $22.545 throughout the trading session with the volume trading being 2676323 shares, which represented a significant variation when compared to the three months average volume of 1.99 million shares. The firm’s stock price fluctuated -2.53% within the last five trades and -7.43% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 36.20% in the last 6 months and 8.20% was added to its value over the previous 3 months. BRX stock is trading at a margin of -4.01%, -2.06% and 22.61% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, BRX deals in the Real Estate domain. The stock is trading -8.64 percent below its 52-week high and 110.87 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 63.43. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Brixmor Property Group Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
The stock’s market cap achieved a total value of $6.70 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Brixmor Property Group Inc. (NYSE:BRX) is 58.56. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 33.50. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 6.38 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 2.48, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.50 percent of Brixmor Property Group Inc. shares are owned by insiders, and 98.70 percent are held by financial institutions. SIEGEL STEVEN F, the See Remarks at Brixmor Property Group Inc. (BRX) has sold 7,500 shares of firm on Jun 15 at a price of $23.68 against the total amount of $0.18 million. In another inside trade, Aman Angela M, EVP, Chief Financial Officer of Brixmor Property Group Inc. (NYSE:BRX) sold 10,000 shares of the firm on Jun 08 for a total worth of $0.24 million at a price of $24.00. An inside trade which took place on Jun 08, See Remarks of Brixmor Property Group Inc. Singh Carolyn Carter sold 5,000 shares of firm against total price of $0.12 million at the cost of $24.00 per share.