Share on StockTwits

Barclays lifted their price target on shares of Regency Centers Corp (NYSE:REG) from $51.00 to $53.00 in a research note issued on Monday. The firm currently has an “equal weight” rating on the stock. Barclays’ price target would suggest a potential downside of 4.97% from the stock’s previous close.

A number of other firms have also recently commented on REG. Analysts at Deutsche Bank raised their price target on shares of Regency Centers Corp from $51.00 to $55.00 in a research note on Friday, July 11th. They now have a “hold” rating on the stock. Separately, analysts at Argus reiterated a “buy” rating on shares of Regency Centers Corp in a research note on Friday, May 23rd. They now have a $58.00 price target on the stock, up previously from $56.00. Finally, analysts at Jefferies Group raised their price target on shares of Regency Centers Corp from $45.00 to $47.00 in a research note on Wednesday, May 14th. They now have a “hold” rating on the stock. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $53.71.

Regency Centers Corp (NYSE:REG) traded down 0.61% during mid-day trading on Monday, hitting $55.78. The stock had a trading volume of 385,911 shares. Regency Centers Corp has a 1-year low of $45.31 and a 1-year high of $56.29. The stock has a 50-day moving average of $55.0 and a 200-day moving average of $51.61. The company has a market cap of $5.128 billion and a price-to-earnings ratio of 39.00.

Regency Centers Corp (NYSE:REG) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.69 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.65 by $0.04. During the same quarter last year, the company posted $0.64 earnings per share. Analysts expect that Regency Centers Corp will post $2.73 EPS for the current fiscal year.

Regency Centers Corporation, is a real estate investment trust (NYSE:REG) and is the managing general partner in Regency Centers, L.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.