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Brandywine Realty Trust (NYSE:BDN) hit a new 52-week high on Thursday , StockRatingsNetwork reports. The stock traded as high as $15.83 and last traded at $15.81, with a volume of 490,528 shares traded. The stock had previously closed at $15.81.

Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus raised their price target on shares of Brandywine Realty Trust to $16.50 in a research note on Wednesday, June 11th. Separately, analysts at MLV & Co
initiated coverage on shares of Brandywine Realty Trust in a research note on Wednesday, June 11th. They set a “buy” rating and a $16.50 price target on the stock. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $16.00.

The stock’s 50-day moving average is $15.46 and its 200-day moving average is $14.72. The company has a market cap of $2.472 billion and a P/E ratio of 87.35.

Brandywine Realty Trust (NYSE:BDN) last released its earnings data on Wednesday, April 30th. The company reported $0.34 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.33 by $0.01. Analysts expect that Brandywine Realty Trust will post $1.45 EPS for the current fiscal year.

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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