Brixmor Property Group (NYSE:BRX) Stock Price Expected to Rise, UBS Group Analyst Says

Brixmor Property Group (NYSE:BRX) had its price target boosted by investment analysts at UBS Group from $34.00 to $37.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the real estate investment trust’s stock. UBS Group’s price objective would indicate a potential upside of 19.50% from the company’s previous close.

Several other research analysts also recently weighed in on BRX. BMO Capital Markets upped their price target on Brixmor Property Group from $35.00 to $37.00 and gave the stock an “outperform” rating in a research note on Monday, June 15th. Jefferies Financial Group upgraded shares of Brixmor Property Group to a “strong-buy” rating in a research report on Friday, June 26th. Scotiabank boosted their target price on shares of Brixmor Property Group from $29.00 to $33.00 and gave the stock a “sector outperform” rating in a report on Tuesday, March 24th. Evercore upgraded shares of Brixmor Property Group to a “strong-buy” rating in a research report on Wednesday, April 29th. Finally, Wells Fargo & Company raised their target price on shares of Brixmor Property Group from $32.00 to $33.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Brixmor Property Group presently has a consensus rating of “Buy” and an average price target of $33.25.

Brixmor Property Group Price Performance

Shares of Brixmor Property Group stock traded up $0.08 during trading hours on Thursday, hitting $30.96. The company’s stock had a trading volume of 235,750 shares, compared to its average volume of 2,753,177. The business has a 50 day moving average price of $30.84 and a two-hundred day moving average price of $29.22. Brixmor Property Group has a 12-month low of $24.66 and a 12-month high of $32.80. The company has a market cap of $9.50 billion, a PE ratio of 21.47, a PEG ratio of 2.63 and a beta of 0.98. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.31 and a current ratio of 1.31.

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

Hedge Funds Weigh In On Brixmor Property Group

A number of institutional investors and hedge funds have recently made changes to their positions in BRX. Vanguard Group Inc. lifted its stake in shares of Brixmor Property Group by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 44,986,376 shares of the real estate investment trust’s stock worth $1,179,543,000 after acquiring an additional 198,567 shares during the last quarter. State Street Corp boosted its stake in shares of Brixmor Property Group by 0.5% during the second quarter. State Street Corp now owns 15,699,421 shares of the real estate investment trust’s stock valued at $408,813,000 after purchasing an additional 81,497 shares during the period. Centersquare Investment Management LLC boosted its stake in shares of Brixmor Property Group by 22.5% during the fourth 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 purchasing an additional 2,275,242 shares during the period. Franklin Resources Inc. grew its holdings in shares of Brixmor Property Group by 0.4% in the third quarter. Franklin Resources Inc. now owns 12,237,955 shares of the real estate investment trust’s stock worth $338,747,000 after purchasing an additional 51,778 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Brixmor Property Group by 6.8% in the third quarter. Invesco Ltd. now owns 8,036,728 shares of the real estate investment trust’s stock worth $222,457,000 after purchasing an additional 511,976 shares during the last quarter. 98.43% of the stock is owned by hedge funds and other institutional investors.

About Brixmor Property Group

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.