Regency Centers price target raised to $60 from $50 at Deutsche Bank » 06:4804/1504/15/21
Deutsche Bank analyst…
Deutsche Bank analyst Derek Johnston raised the firm's price target on Regency Centers to $60 from $50 and keeps a Hold rating on the shares. The analyst views retail real estate investment trusts as core holdings, even post the considerable share price appreciation off last year's lows.
Regency Centers assumed with a Neutral at Baird » 07:1604/1404/14/21
Baird analyst Wesley…
Baird analyst Wesley Golladay assumed coverage of Regency Centers with a Neutral rating. Golladay tells investors in a research note that the near-term uncertainty and fair valuation offset a highly constructive long-term view. Shares are currently trading near the firm's one-year forward NAV/share estimate, which Golladay believes leads to a balanced risk/reward.
Regency Centers reinstated with a Neutral at Baird » 20:0404/1304/13/21
Baird analyst Wesley…
Baird analyst Wesley Golladay reinstated coverage of Regency Centers with a Neutral rating.
|Over a week ago|
Regency Centers price target raised to $57 from $50 at Truist » 07:5003/3103/31/21
Truist analyst Ki Bin Kim…
Truist analyst Ki Bin Kim raised the firm's price target on Regency Centers to $57 from $50 and keeps a Buy rating on the shares as part of his broader research note on REITs that updates estimates based on the group's Q4 results, recent events, and adjusted revenue growth and expense assumptions.
|Over a month ago|
Regency Centers price target raised to $63 from $52 at Wells Fargo » 07:3403/1603/16/21
Wells Fargo analyst Tammi…
Wells Fargo analyst Tammi Fique raised the firm's price target on Regency Centers to $63 from $52 and keeps an Overweight rating on the shares. The analyst sees upside to Regency's 2021 FFO/share guidance given the conservatism of its underlying assumptions, an improving vaccination outlook, and rebounding leasing demand.
Regency Centers downgraded to Hold from Buy at Argus » 07:2903/0403/04/21
Argus analyst Angus…
Argus analyst Angus Kelleher-Ferguson downgraded Regency Centers to Hold from Buy. The stock has risen over 16% over the past 3 months and appears to be "fully valued" at the 17.7-times expected FFO multiple, the analyst tells investors in a research note. Kelleher-Ferguson adds that Regency's shopping centers are usually anchored by major grocery store chains, such as Kroger and Publix, which are facing increased competition from online services like Instacart and Amazon Fresh.
Regency Centers downgraded to Hold from Buy at Argus » 07:2703/0403/04/21
Argus analyst Jacob…
Argus analyst Jacob Kilstein downgraded Regency Centers to Hold from Buy.
PS Business Parks appoints Dan Chandler as CEO » 16:3303/0203/02/21
PS Business Parks (PSB)…
PS Business Parks (PSB) announced that Dan Chandler has been appointed as the company's president and CEO, effective April 5. John Petersen, the company's interim president and CEO, will remain in that role until April 5, when he will continue serving as the company's executive VP and COO. Chandler joins the company after serving as executive VP and chief investment officer of Regency Centers (REG) since 2019 and in various other leadership roles during his nearly 22-year career at Regency and Pacific Retail Trust.
Regency Centers chief investment officer Mac Chandler to resign » 16:0503/0203/02/21
Regency Centers announced…
Regency Centers announced that executive VP and chief investment officer Mac Chandler is resigning from his role to accept a CEO position at another REIT. Chandler's responsibilities for overseeing development, redevelopment and transaction activities will be transitioned to and assumed by the other members of Regency's executive management team, as well as the company's senior regional management and investment teams.
Regency Centers sees FY21 FFO $2.96-$3.14, consensus $3.31 16:2302/1102/11/21