Piper Sandler Reaffirms Their Buy Rating on Brixmor Property (BRX)

Piper Sandler analyst Alexander Goldfarb maintained a Buy rating on Brixmor Property today and set a price target of $31.00. The company’s shares closed last Friday at $26.89.

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According to TipRanks, Goldfarb is a 4-star analyst with an average return of 3.3% and a 52.11% success rate. Goldfarb covers the Real Estate sector, focusing on stocks such as SL Green Realty, BXP, and Simon Property.

Currently, the analyst consensus on Brixmor Property is a Strong Buy with an average price target of $30.64.

The company has a one-year high of $30.67 and a one-year low of $22.29. Currently, Brixmor Property has an average volume of 2.12M.

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BRX in relation to earlier this year. Last month, Steven Siegel, the EVP, GC and Secretary of BRX sold 25,000.00 shares for a total of $705,250.00.