Brixmor Property Group (NYSE:BRX) Price Target Raised to $33.00 at Wells Fargo & Company

Brixmor Property Group (NYSE:BRX) had its price objective raised by research analysts at Wells Fargo & Company from $32.00 to $33.00 in a research note issued on Tuesday,Benzinga reports. The firm currently has an “equal weight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s price objective indicates a potential upside of 6.93% from the stock’s current price.

A number of other research analysts have also weighed in on BRX. Piper Sandler lifted their price objective on shares of Brixmor Property Group from $31.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, February 17th. KeyCorp lifted their price target on Brixmor Property Group from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Evercore raised Brixmor Property Group to a “strong-buy” rating in a report on Wednesday, April 29th. JPMorgan Chase & Co. lifted their target price on Brixmor Property Group from $30.00 to $33.00 and gave the company an “overweight” rating in a report on Friday, February 20th. Finally, Truist Financial upped their price target on Brixmor Property Group from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $32.55.

Brixmor Property Group Stock Up 0.1%

Shares of NYSE BRX opened at $30.86 on Tuesday. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.31 and a quick ratio of 1.31. The stock has a market capitalization of $9.47 billion, a PE ratio of 21.43, a P/E/G ratio of 2.55 and a beta of 1.00. Brixmor Property Group has a one year low of $24.66 and a one year high of $31.49. The business’s fifty day moving average price is $29.74 and its 200-day moving average price is $28.02.

Brixmor Property Group (NYSE:BRX) last announced its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.16. The business had revenue of $354.82 million for the quarter, compared to analysts’ expectations of $349.43 million. Brixmor Property Group had a return on equity of 14.85% and a net margin of 31.99%.The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.56 EPS. Brixmor Property Group has set its FY 2026 guidance at 2.340-2.37 EPS. On average, equities research analysts anticipate that Brixmor Property Group will post 2.36 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in Brixmor Property Group by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 44,986,376 shares of the real estate investment trust’s stock valued at $1,179,543,000 after purchasing an additional 198,567 shares during the last quarter. State Street Corp increased its holdings in shares of Brixmor Property Group by 0.5% in the 2nd quarter. State Street Corp now owns 15,699,421 shares of the real estate investment trust’s stock worth $408,813,000 after buying an additional 81,497 shares during the last quarter. Centersquare Investment Management LLC raised its position in shares of Brixmor Property Group by 22.5% during the 4th quarter. Centersquare Investment Management LLC now owns 12,384,526 shares of the real estate investment trust’s stock valued at $324,722,000 after buying an additional 2,275,242 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Brixmor Property Group by 0.4% during the 3rd quarter. Franklin Resources Inc. now owns 12,237,955 shares of the real estate investment trust’s stock worth $338,747,000 after acquiring an additional 51,778 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Brixmor Property Group by 6.8% during the 3rd quarter. Invesco Ltd. now owns 8,036,728 shares of the real estate investment trust’s stock worth $222,457,000 after acquiring an additional 511,976 shares during the last quarter. 98.43% of the stock is currently owned by institutional investors.

Brixmor Property Group Company Profile

Brixmor Property Group is a publicly traded real estate investment trust (REIT) focused on the ownership, management and development of open-air shopping centers across the United States. The company acquires and leases retail properties that feature everyday, necessity-based tenants such as grocery stores, discount retailers, and service providers. Brixmor’s core strategy centers on generating stable, long-term income streams through tenant relationships and targeted property enhancements.

The company’s main business activities include proactive leasing, property upkeep and capital improvement projects designed to maximize occupancy and tenant satisfaction.