Barclays Capital Reaffirms Equal Weight Rating on Brookfield Properties (BPO)

By admin | 6 years ago

Brookfield Properties (NYSE: BPO)‘s stock had its “equal weight” rating restated by analysts at Barclays Capital (NYSE: BCS) in a research report issued to clients and investors on Monday.

BPO has been the subject of a number of other recent research reports. Analysts at TheStreet upgraded shares of Brookfield Properties to a “buy” rating in a research note to investors on Tuesday, March 27th. Analysts at ISI Group downgraded shares of Brookfield Properties from a “buy” rating to a “hold” rating in a research note to investors on Monday, March 19th.

Shares of Brookfield Properties traded up 0.12% during mid-day trading on Monday, hitting $16.92. Brookfield Properties has a 52 week low of $12.80 and a 52 week high of $20.07. The company has a market cap of $8.521 billion and a P/E ratio of 5.63.

Brookfield Properties last announced its earnings results on Friday, May 4th. The company reported $0.27 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.26 by $0.01. The company’s quarterly revenue was up 39.5% on a year-over-year basis. On average, analysts predict that Brookfield Properties will post $0.28 earnings per share next quarter.

Brookfield Properties Corporation (Brookfield Properties) is a North American commercial real estate company.

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