Regency Centers (NYSE:REG) Coverage Initiated at Credit Suisse Group

Credit Suisse Group initiated coverage on shares of Regency Centers (NYSE:REG – Get Rating) in a research note published on Wednesday morning, Stock Target Advisor reports. The firm issued a neutral rating on the stock.

A number of other brokerages also recently issued reports on REG. StockNews.com assumed coverage on shares of Regency Centers in a research note on Thursday, March 31st. They set a hold rating on the stock. Truist Financial dropped their target price on shares of Regency Centers from $78.00 to $67.00 in a report on Tuesday.

Shares of Regency Centers stock opened at $58.65 on Wednesday. Regency Centers has a 12-month low of $55.78 and a 12-month high of $78.78. The business’s 50-day moving average price is $66.45.

Regency Centers (NYSE:REG – Get Rating) last announced its quarterly earnings data on Tuesday, May 3rd. The company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.21. The firm had revenue of $303.43 million for the quarter, compared to analyst estimates of $297.36 million.

Regency Centers Company Profile (Get Rating)

Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent and densely populated trade areas. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers.

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