Truist Financial Trims Regency Centers (NYSE:REG) Target Price to $67.00

Regency Centers (NYSE:REG – Get Rating) had its price objective decreased by Truist Financial from $78.00 to $67.00 in a report issued on Tuesday, Stock Target Advisor reports.

Separately, StockNews.com started coverage on shares of Regency Centers in a research note on Thursday, March 31st. They issued a hold rating for the company.

REG stock opened at $59.54 on Tuesday. The stock’s 50 day moving average is $66.21. Regency Centers has a 52 week low of $55.78 and a 52 week high of $78.78.

Regency Centers (NYSE:REG – Get Rating) last posted its earnings results on Tuesday, May 3rd. The company reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.21. The business had revenue of $303.43 million during 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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