Stifel Maintains Hold Rating for Brixmor Property Group: Here's What You Need To Know

Stifel has decided to maintain its Hold rating of Brixmor Property Group BRX and raise its price target from $22.75 to $24.00.

Shares of Brixmor Property Group are trading down 3.02% over the last 24 hours, at $21.87 per share.

A move to $24.00 would account for a 9.74% increase from the current share price.

About Brixmor Property Group

Brixmor Property Group Inc is a real estate investment trust based in the United States. The company owns and operates a portfolio of grocery-anchored community and neighborhood shopping centers across the United States. It leases its rentable areas to retailers, restaurants, theatres, entertainment venues, and fitness centers, with the company's tenants consisting of large department stores, discount retailers, and grocery stores. The company is an internally managed REIT.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.