StockNews.com Initiates Coverage on Bluerock Residential Growth REIT (NYSE:BRG)

Stock analysts at StockNews.com assumed coverage on shares of Bluerock Residential Growth REIT (NYSE:BRG) in a research report issued to clients and investors on Sunday. The brokerage set a “sell” rating on the stock.

Bluerock Residential Growth REIT Stock Performance

BRG opened at $24.09 on Friday. The company has a 50-day moving average of $24.29. Bluerock Residential Growth REIT has a 1 year low of $12.54 and a 1 year high of $27.48.

About Bluerock Residential Growth REIT

Bluerock Residential Growth REIT, Inc is a real estate investment trust that focuses on developing and acquiring a diversified portfolio of institutional-quality highly amenitized live/work/play apartment communities in demographically attractive knowledge economy growth markets to appeal to the renter by choice.