Regency Centers (NYSE:REG) received a $64.00 price target from analysts at BMO Capital Markets in a research report issued to clients and investors on Thursday. The brokerage presently has a “hold” rating on the real estate investment trust’s stock. BMO Capital Markets’ price target suggests a potential downside of 2.26% from the company’s previous close.
Several other research analysts have also weighed in on REG. Zacks Investment Research lowered shares of Regency Centers from a “buy” rating to a “hold” rating in a research note on Wednesday. SunTrust Banks restated a “buy” rating and set a $69.00 price objective on shares of Regency Centers in a research note on Monday, November 19th. Barclays upgraded shares of Regency Centers from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $63.00 to $69.00 in a research note on Monday, February 4th. Jefferies Financial Group restated a “hold” rating and set a $66.00 price objective on shares of Regency Centers in a research note on Monday, December 17th. Finally, Royal Bank of Canada lowered shares of Regency Centers from a “top pick” rating to an “outperform” rating and set a $62.30 price objective on the stock. in a research note on Friday, December 14th. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $68.94.
Regency Centers stock opened at $65.48 on Thursday. The stock has a market cap of $11.14 billion, a PE ratio of 17.75, a PEG ratio of 2.50 and a beta of 0.37. Regency Centers has a fifty-two week low of $55.38 and a fifty-two week high of $66.86. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.57.
Regency Centers Company Profile
Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.
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