Brandywine Realty Trust PT Raised to $16.50 at Stifel Nicolaus (BDN)
Stifel Nicolaus upped their target price on shares of Brandywine Realty Trust (NYSE:BDN) to $16.50 in a research note issued on Wednesday. Stifel Nicolaus’ target price indicates a potential upside of 7.21% from the stock’s previous close.
A number of other analysts have also recently weighed in on BDN. Analysts at MLV & Co
initiated coverage on shares of Brandywine Realty Trust in a research note on Wednesday. They set a “buy” rating and a $16.50 price target on the stock. Separately, analysts at Stifel raised their price target on shares of Brandywine Realty Trust from $15.00 to $16.50 in a research note on Wednesday. They now have a “buy” rating on the stock. Finally, analysts at ISI Group downgraded shares of Brandywine Realty Trust from a “buy” rating to a “neutral” rating in a research note on Monday. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $16.06.
Shares of Brandywine Realty Trust (NYSE:BDN) opened at 15.39 on Wednesday. Brandywine Realty Trust has a 1-year low of $12.23 and a 1-year high of $15.83. The stock has a 50-day moving average of $15.18 and a 200-day moving average of $14.36. The company has a market cap of $2.409 billion and a price-to-earnings ratio of 85.03.
Brandywine Realty Trust (NYSE:BDN) last announced its earnings results on Wednesday, April 30th. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.33 by $0.01. On average, analysts predict that Brandywine Realty Trust will post $1.45 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, July 21st. Investors of record on Monday, July 7th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 3.90%. The ex-dividend date is Wednesday, July 2nd.
Brandywine Realty Trust is a self-administered and self-managed REIT, which provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, mixed-use and industrial properties.
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