Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) (NYSE:BRG) Given Consensus Recommendation of “Buy” by Analysts

Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) (NYSE:BRG) has earned an average broker rating score of 1.50 (Buy) from the four analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and three have assigned a strong buy rating to the company.

Brokerages have set a 12-month consensus target price of $13.38 for the company and are forecasting that the company will post $0.22 earnings per share for the current quarter, according to Zacks. Zacks has also given Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) an industry rank of 81 out of 255 based on the ratings given to related companies.

Shares of BRG opened at $12.36 on Friday. The firm has a market cap of $274.43 million, a P/E ratio of 17.17 and a beta of 0.36. Bluerock Residential Growth REIT Inc Class A has a twelve month low of $8.62 and a twelve month high of $12.65. The company has a debt-to-equity ratio of 11.62, a quick ratio of 190.80 and a current ratio of 190.80. The firm’s 50 day moving average price is $12.01 and its two-hundred day moving average price is $11.89.

About Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN)

Bluerock Residential Growth REIT, Inc (NYSE American: BRG) 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.

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