Brixmor Property Group oversold with potential buying opportunity, strong fundamentals and attractive valuation.
From Nasdaq: 2024-12-19 15:54:27
The DividendRank formula at Dividend Channel ranks Brixmor Property Group Inc (BRX) in the top 25% of dividend stocks for strong fundamentals and attractive valuation. In trading on Thursday, BRX entered oversold territory with an RSI reading of 28.8, below the average of 39.5. This presents a buying opportunity for investors, as the stock price has fallen to $27.66 per share, offering a 4.16% annual yield. Investors should consider BRX’s dividend history before making a decision. Click here to discover 9 other oversold dividend stocks.
Read more at Nasdaq: Brixmor Property Group Enters Oversold Territory