Regency Centers Corp Sets New 12-Month High at $64.08 (REG)

Regency Centers Corp (NYSE:REG) reached a new 52-week high during mid-day trading on Thursday, American Banking News.com reports. The stock traded as high as $64.08 and last traded at $64.05, with a volume of 374,659 shares traded. The stock had previously closed at $63.36.

A number of research firms have recently commented on REG. Analysts at Citigroup Inc. raised their price target on shares of Regency Centers Corp from $55.00 to $60.00 in a research note on Thursday, December 4th. They now have a “neutral” rating on the stock. Separately, analysts at Bank of America upgraded shares of Regency Centers Corp from a “neutral” rating to a “buy” rating in a research note on Thursday, December 4th. They now have a $67.00 price target on the stock, up previously from $62.00. Finally, analysts at Credit Suisse initiated coverage on shares of Regency Centers Corp in a research note on Tuesday, November 11th. They set a “neutral” rating on the stock. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Regency Centers Corp has a consensus rating of “Hold” and a consensus price target of $58.75.

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