Scotiabank has adjusted its outlook on Regency Centers (REG, Financial), reducing the price target from $80 to $76 while maintaining a Sector Perform rating. This revision is part of a broader update on U.S. Retail REITs.
The assessment by Scotiabank reflects a comprehensive review of several factors influencing the retail real estate sector, including the potential effects of tariffs, trends in foot traffic, and risks related to tenant bankruptcies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for Regency Centers Corp (REG, Financial) is $79.24 with a high estimate of $84.00 and a low estimate of $75.00. The average target implies an upside of 9.56% from the current price of $72.32. More detailed estimate data can be found on the Regency Centers Corp (REG) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, Regency Centers Corp's (REG, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Regency Centers Corp (REG, Financial) in one year is $73.89, suggesting a upside of 2.17% from the current price of $72.32. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Regency Centers Corp (REG) Summary page.
