Brookfield Property Partners (NASDAQ:BPY) (TSE:BPY.UN) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Thursday.
Several other equities research analysts have also recently commented on BPY. Canaccord Genuity restated a “buy” rating and issued a $28.00 target price on shares of Brookfield Property Partners in a research note on Friday, November 3rd. Scotiabank boosted their target price on Brookfield Property Partners from $25.25 to $25.50 and gave the company an “outperform” rating in a research note on Monday, November 6th. Evercore ISI cut Brookfield Property Partners from an “outperform” rating to an “in-line” rating in a research note on Monday, December 11th. Finally, TheStreet cut Brookfield Property Partners from a “c-” rating to a “d+” rating in a research note on Wednesday, December 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. Brookfield Property Partners currently has a consensus rating of “Hold” and a consensus price target of $25.17.
Brookfield Property Partners (BPY) opened at $21.28 on Thursday. Brookfield Property Partners has a 1-year low of $21.12 and a 1-year high of $24.96. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $5,550.00, a PE ratio of 92.52 and a beta of 0.86.
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About Brookfield Property Partners
Brookfield Property Partners L.P. is a diversified global real estate company. The Company owns, operates and develops a portfolio of office, retail, multifamily, industrial, hospitality, triple net lease, self-storage and student housing assets. Its partnership is Brookfield Asset Management Inc’s public commercial property entity and the primary vehicle through which it invests in real estate on a global basis.
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