Brixmor Property Group

BRX · NYSE

$27.72+$0.34 (+1.24%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $27.38

BRX analyst rating

BuyConsensus of 13 analysts over the last 12 months. 77% rate it a buy.

Strong buy0
Buy10
Hold3
Underperform0
Sell0

12-month price target · 16 analysts

Average $35.85 (+29.3% upside)

Low: $30.30
Now: $27.72
High: $44.10

Upgrades and downgrades

The latest rating actions, newest first

BRX analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Piper Sandler	Oct 12, 2026	Maintains	Overweight	$40.00 → $36.00	44%
UBS	Oct 9, 2026	Maintains	Buy	$37.00 → $33.00	45%
Truist Securities	Oct 2, 2026	Initiates	Buy	$33.00 → $31.00	54%
Mizuho	Sep 24, 2026	Maintains	Outperform	$33.00 → $30.00	44%
Evercore ISI Group	Sep 21, 2026	Maintains	Outperform	$36.00 → $35.00	41%
Citigroup	Aug 3, 2026	Maintains	Neutral	$31.00 → $34.00	44%
Stifel	Jul 28, 2026	Maintains	Hold	$31.00 → $34.00	54%
Evercore ISI Group	Jul 28, 2026	Maintains	Outperform	$35.00 → $36.00	41%
Piper Sandler	Jul 21, 2026	Maintains	Overweight	$34.00 → $40.00	44%
UBS	Jul 9, 2026	Maintains	Buy	$34.00 → $37.00	45%

The case for and against

Updated Oct 15, 2026

Bull case

Brixmor Property Group is viewed favorably because its grocery-anchored portfolio is benefiting from resilient tenant health, elevated retention in the high-80% range, and new lease spreads of about 39% in 2025, signaling strong pricing power in a supply-constrained retail market. The company also has meaningful embedded growth visibility, with an estimated $56M of ABR in the leasing pipeline, $67M of SNO ABR, and a reinvestment pipeline exceeding $1B that is generating roughly 9%-10% yields with disciplined execution. That combination supports expectations for 5%+ SSNOI growth in 2026 and 2027, FFO of $2.36/sh in 2026 and $2.49/sh in 2027, and a durable path to value creation through leasing, redevelopment, and acquisitions.

Bear case

Brixmor Property Group is viewed negatively because its valuation already embeds meaningful risk while still looking expensive versus peers, trading at 17.8x the 2026 AFFO estimate and only a 7% discount to the Shopping Center REIT sector average of 19.1x. The stock also trades at just a 7.5% discount to the estimated NAV of $32.25/sh, which is less attractive than the sector’s 5.4% average discount and suggests limited margin of safety. Fundamental pressure comes from weak consumer spending and potential retail headwinds, upcoming debt maturities in a volatile credit market, and execution risk on redevelopment and repositioning initiatives that may not achieve acceptable yields.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.