The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the commercial REITs peer group is "buy"
Wall Street's median 12-month price target for Brandywine Realty Trust is $3.00, about 4.8% below its July 21 closing price of $3.15
Operating drivers
Tenant retention and leasing - The company cited higher tenant renewals, more tenant expansions, and an 85% retention rate as supporting operational performance
Asset sales - Brandywine completed $208 million in property sales in Q2 and raised its asset sales target, with proceeds aimed at reducing debt and repurchasing shares
Modest NOI growth - Same-store net operating income rose on an accrual basis and on a cash basis
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