Strength Seen in BRE Properties Inc. (BRE): Stock Soars 10.8% - Tale of the Tape

By Zacks Equity Research,

Shutterstock photo

BRE Properties Inc. ( BRE ) was a big mover last session, as the company saw its shares surge almost 11% on the day. This rise can be attributable to solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company, as the stock is now up 10.4% in the past one-month time frame.

In the last 30 days, this retail real estate investment trust (REIT) witnessed 7 upward estimate revisions and the Zacks Consensus Estimate moved higher over the same period suggesting that more solid trading could be ahead for BRE Properties. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

BRE Properties currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked players in the REIT sector include Getty Realty Corp. ( GTY ), National Health Investors Inc. ( NHI ) and Sabra Health Care REIT, Inc. ( SBRA ). All these stocks carry a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>

BRE PROPERTIES (BRE): Free Stock Analysis Report

GETTY REALTY CP (GTY): Free Stock Analysis Report

NATL HEALTH INV (NHI): Free Stock Analysis Report

SABRA HEALTHCR (SBRA): Free Stock Analysis Report

To read this article on click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: BRE , GTY , NHI , SBRA

More from


Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by