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Stock analysts at Barclays upped their target price on shares of Brixmor Property Group (NYSE:BRX) from $24.00 to $25.00 in a report issued on Monday. The firm currently has an “overweight” rating on the stock. Barclays’ target price indicates a potential upside of 6.11% from the stock’s previous close.

Brixmor Property Group (NYSE:BRX) traded down 0.17% during mid-day trading on Monday, hitting $23.52. The stock had a trading volume of 530,062 shares. Brixmor Property Group has a 52-week low of $19.38 and a 52-week high of $23.64. The stock has a 50-day moving average of $22.56 and a 200-day moving average of $21.65. The company’s market cap is $5.402 billion.

Brixmor Property Group (NYSE:BRX) last released its earnings data on Friday, May 9th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.38. The company had revenue of $307.69 million for the quarter, compared to the consensus estimate of $305.67 million. During the same quarter in the previous year, the company posted $0.40 earnings per share. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. Analysts expect that Brixmor Property Group will post $0.32 EPS for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank raised their price target on shares of Brixmor Property Group from $23.00 to $25.00 in a research note on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Brixmor Property Group in a research note on Wednesday, July 9th. They now have a $23.00 price target on the stock, up previously from $21.00. Finally, analysts at Robert W. Baird initiated coverage on shares of Brixmor Property Group in a research note on Tuesday, July 8th. They set an “outperform” rating and a $26.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Brixmor Property Group currently has a consensus rating of “Buy” and a consensus price target of $23.25.

Brixmor Property Group Inc (NYSE:BRX), is a internally-managed real estate investment trust (REIT) that owns and operates the wholly owned portfolio of grocery-anchored community and neighborhood shopping centers in the United States.

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