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Jefferies & Co downgraded Regency Centers Corporation (NYSE:REG) from Buy to Hold in a statement released earlier today.

Yesterday Regency Centers Corporation (NYSE:REG) traded -1.05% lower at $64.69. The company’s 50-day moving average is $65.38 and its 200-day moving average is $64.35. The last stock close price is up 0.67% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 469,213 shares of REG traded hands, down from an average trading volume of 1,034,350

Jefferies & Co has downgraded Regency Centers Corporation (NYSE:REG) from Buy to Hold in a report released on 9/15/2017.

Recent Performance Chart

Regency Centers Corporation (NYSE:REG)

Regency Centers Corporation has 52 week low of $58.63 and a 52 week high of $79.96 with a P/E ratio of 107.61 and has a market cap of $0.

In addition to Jefferies & Co reporting its target price, a total of 14 brokers have issued a report on the stock. The consensus target price is $78.36 with four brokerages rating the company a strong buy, three brokerages rating the company a buy, ten brokerages rating the company a hold, zero brokerages rating the company a underperform, and lastly zero brokerages rating the company a sell.

General Company Details For Regency Centers Corporation (NYSE:REG)

Regency Centers Corporation is a real estate investment trust (REIT). The Company is the general partner of Regency Centers, L.P. (the Operating Partnership). The Company is engaged in the ownership, management, leasing, acquisition and development of retail shopping centers through the Operating Partnership. The Company's properties include Palm Valley Marketplace, Shops at Arizona, Amerige Heights Town Center, Clayton Valley Shopping Center, Five Points Shopping Center, French Valley Village Center, Hasley Canyon Village, Pleasant Hill Shopping Center, Snell & Branham Plaza, Applewood Shopping Center, Kent Place, Black Rock, Spring Valley Shopping Center and Pebblebrook Plaza. As of December 31, 2016, the Company owned all of the Preferred Units of the Operating Partnership and approximately 99.9% of the Units in the Operating Partnership. As of December 31, 2016, it owned direct or partial interests in 307 shopping centers.

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