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Regency Centers (NYSE:REG) has been upgraded from Hold to Buy in a statement by Jefferies earlier today.

Jefferies has upgraded Regency Centers (NYSE:REG) from Hold to Buy in a statement released on 6/16/2017.

Having a price of $64.06, Regency Centers (NYSE:REG) traded -0.48% lower on the day. With the last close down -3.18% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. REG has recorded a 50-day average of $65.17 and a two hundred day average of $64.16. Trade Volume was down over the average, with 563,102 shares of REG changing hands under the typical 968,430

Performance Chart

Regency Centers (NYSE:REG)

With a total market value of $0, Regency Centers has price-earnings ratio of 103.19 with a one year low of $58.63 and a one year high of $79.96 .

A total of 14 equity analysts have released a research note on REG. Four brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 10 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a consensus target price of $78.36.

General Information About Regency Centers (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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