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Equities research analysts at Jefferies Group raised their price target on shares of Regency Centers Corp (NYSE:REG) from $45.00 to $47.00 in a research note issued to investors on Wednesday, AnalystRatingsNetwork.com reports. Jefferies Group’s target price points to a potential downside of 11.99% from the company’s current price.

Shares of Regency Centers Corp (NYSE:REG) opened at 53.40 on Wednesday. Regency Centers Corp has a 52 week low of $45.31 and a 52 week high of $58.73. The stock’s 50-day moving average is $51.93 and its 200-day moving average is $49.54. The company has a market cap of $4.931 billion and a P/E ratio of 37.46.

Regency Centers Corp (NYSE:REG) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.04. During the same quarter in the previous year, the company posted $0.64 earnings per share. Analysts expect that Regency Centers Corp will post $2.70 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, June 4th. Investors of record on Wednesday, May 21st will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 3.52%. The ex-dividend date of this dividend is Monday, May 19th.

REG has been the subject of a number of other recent research reports. Analysts at Barclays raised their price target on shares of Regency Centers Corp from $45.00 to $47.00 in a research note on Tuesday, April 22nd. They now have an “equal weight” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Regency Centers Corp in a research note on Thursday, April 17th. They now have a $55.00 price target on the stock. Seven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $51.29.

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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