Breaking Finance News

TheStreet upgraded Bluerock Residential Growth REIT Inc (NYSE:BRG) to C- in a report released today.

TheStreet has upgraded Bluerock Residential Growth REIT Inc (NYSE:BRG) to C- in a report released on Thursday June 01, 2017.

Yesterday Bluerock Residential Growth REIT Inc (NYSE:BRG) traded 0.26% higher at $12.74. The company’s 50-day moving average is $10.79 and its 200-day moving average is $12.01. The last stock close price is up -3.47% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 314,965 shares of the stock were exchanged, up from an average trading volume of 304,718

See Chart Below

Bluerock Residential Growth REIT Inc (NYSE:BRG)

Bluerock Residential Growth REIT Inc has a 52 week low of $9.68 and a 52 week high of $14.77 with a P/E ratio of 100.78 The company’s market cap is currently $0.

In addition to TheStreet reporting its target price, a total of 7 firms have issued a report on the stock. The consensus target price is $14.00 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Bluerock Residential Growth REIT Inc (NYSE:BRG)

Bluerock Residential Growth REIT, Inc. is a real estate investment trust. The Company is focused on acquiring a portfolio of residential real estate assets. As of December 31, 2016, the Company's portfolio consisted of interests in 31 properties (21 operating and 10 development properties). As of December 31, 2016, its properties contained an aggregate of 9,570 units, consisting of 6,972 operating units and 2,598 units under development. As of December 31, 2016, its operating properties included ARIUM at Palmer Ranch, Sarasota; ARIUM Grandewood, Orlando; ARIUM Gulfshore, Naples; ARIUM Palms, Orlando; ARIUM Pine Lakes, Port St. Lucie; ARIUM Westside, Atlanta; Ashton Reserve, Charlotte; Enders at Baldwin Park, Orlando; Fox Hill, Austin; Lansbrook Village, Palm Harbor; Legacy at Southpark, Austin; Nevadan, Atlanta; Roswell City Walk, Roswell; Sorrel, Frisco; Sovereign, Fort Worth; The Preserve at Henderson Beach, Destin; Village Green of Ann Arbor, Ann Arbor, and Whetstone, Durham.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.