Regency Centers Corp. Price Target Lowered to $43.00 at Barclays (REG)
Stock analysts at Barclays decreased their price target on shares of Regency Centers Corp. (NYSE:REG) from $47.00 to $43.00 in a report issued on Tuesday, American Banking and Market News reports. The firm currently has an “equal weight” rating on the stock. Barclays’ price target would suggest a potential downside of 9.36% from the stock’s previous close.
A number of other firms have also recently commented on REG. Analysts at Zacks reiterated a “neutral” rating on shares of Regency Centers Corp. in a research note to investors on Monday, January 20th. They now have a $51.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. upgraded shares of Regency Centers Corp. from a “neutral” rating to an “overweight” rating in a research note to investors on Thursday, January 16th. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Regency Centers Corp. in a research note to investors on Wednesday, January 15th. They now have a $50.00 price target on the stock, down previously from $52.00. Nine analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $51.00.
Regency Centers Corp. (NYSE:REG) traded up 1.29% on Tuesday, hitting $48.052. The stock had a trading volume of 191,048 shares. Regency Centers Corp. has a 52-week low of $45.31 and a 52-week high of $59.35. The stock has a 50-day moving average of $47.09 and a 200-day moving average of $49.29. The company has a market cap of $4.419 billion and a price-to-earnings ratio of 96.42.
Regency Centers Corporation is a real estate investment trust (NYSE:REG) and is the managing general partner in Regency Centers, L.
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