Zacks Investment Research downgraded Brandywine Realty Trust (NYSE:BDN) to Sell in a report released today.
- Updated: September 26, 2016
Zacks Investment Research has downgraded Brandywine Realty Trust (NYSE:BDN) to Sell in a report released on 9/26/2016.
Yesterday Brandywine Realty Trust (NYSE:BDN) traded 0.76% higher at $15.97. The company’s 50-day moving average is $16.14 and its 200-day moving average is $15.55. The last closing price is up 2.72% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 969,951 shares of the stock traded hands, down from an average trading volume of 1,407,120
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With a total market value of $0, Brandywine Realty Trust has with a one year low of $11.22 and a one year high of $17.05 .
A total of 10 equity analysts have released a ratings update on the stock. 2 firms rating the stock a strong buy, 4 firms rating the stock a buy, 9 analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $16.05.
More About Brandywine Realty Trust (NYSE:BDN)
Brandywine Realty Trust is a self-administered and self-managed real estate investment trust (REIT). The Company provides leasing, property management, development, redevelopment, acquisition and other tenant-related services for a portfolio of office, industrial, retail and mixed-use properties. The Company manages its portfolio within four segments: Pennsylvania Suburbs, Philadelphia Central Business District (CBD), Metropolitan Washington, D.C. and Austin, Texas. The Pennsylvania Suburbs segment includes properties in Chester, Delaware, and Montgomery counties in the Philadelphia suburbs. The Philadelphia CBD segment includes properties located in the City of Philadelphia in Pennsylvania. The Metropolitan Washington, D.C. segment includes properties in the District of Columbia, Northern Virginia and southern Maryland. The Austin, Texas segment includes properties in the City of Austin, Texas. It owns assets and conducts its operations through Brandywine Operating Partnership, L.P.
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