StockNews.com Initiates Coverage on Bluerock Residential Growth REIT (NYSE:BRG)

Equities researchers at StockNews.com assumed coverage on shares of Bluerock Residential Growth REIT (NYSE:BRG – Get Rating) in a research report issued to clients and investors on Wednesday. The brokerage set a “sell” rating on the stock.

Bluerock Residential Growth REIT Price Performance

The stock has a market capitalization of $811.49 million and a PE ratio of -23.13. Bluerock Residential Growth REIT has a 52 week low of $12.54 and a 52 week high of $27.48. The stock’s fifty day simple moving average is $26.62.

Bluerock Residential Growth REIT Company Profile

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Bluerock Residential Growth REIT, Inc is a real estate investment trust that focuses on developing and acquiring a diversified portfolio of institutional-quality highly amenitized live/work/play apartment communities in demographically attractive knowledge economy growth markets to appeal to the renter by choice.