Analyst Price Target is $27.00
▲ +1.50% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Bluerock Residential Growth REIT in the last 3 months. The average price target is $27.00, with a high forecast of $27.00 and a low forecast of $27.00. The average price target represents a 1.50% upside from the last price of $26.60.
Current Consensus is
The current consensus among 2 contributing investment analysts is to hold stock in Bluerock Residential Growth REIT. This Hold consensus rating has held steady for over two years.
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. The Company's objective is to generate value through off-market/relationship-based transactions and, at the asset level, through value-add improvements to properties and to operations. The Company is included in the Russell 2000 and Russell 3000 Indexes. BRG has elected to be taxed as a real estate investment trust (REIT) for U.S. federal income tax purposes. Bluerock Residential Growth REIT, Inc. operates as a subsidiary of Bluerock Multifamily Advisor, LLC.