Hot Stock to Watch: Brookfield Property Partners L.P. (NASDAQ:BPY)

stock recommendation

Brookfield Property Partners L.P. (NASDAQ:BPY)

Evercore ISI Group Downgrades Brookfield Property Partners L.P. (NASDAQ:BPY)’s stock to In-Line with no specific Price Target. This rating was issued on 12/11/17. The stock recently closed its previous session at $19.48 by showing a percentage change of -2.75% from its previous day closing price of $20.03.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on Brookfield Property Partners L.P.

Brookfield Property Partners L.P. (NASDAQ:BPY) currently has a consensus Price Target of $31.45. While some analysts have a High Price target for the stock of $32.32 and a Low Price Target of $30.9.

Several sell side analysts reviewed their recommendations on Brookfield Property Partners L.P. (NASDAQ:BPY) where 1 analyst have rated the stock as Strong Buy, 3 analysts said it’s a Buy, 0 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 3. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

Brookfield Property Partners L.P. (NASDAQ:BPY) has a market capitalization of 15.77 Billion. The stock traded with the volume of 2.24 Million shares in the last trading session. The stock touched its high share price of $24.96 on 10/13/17 and the stock also touched its Lowest price in the last 52-weeks of trading on 03/27/18 as $18.13. The company has a 1 Year high price target of $24.25. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -4.53%. The Moving Average SMA50 is -3.17% while SMA200 is -3.17%.

Brookfield Property Partners L.P. (NASDAQ:BPY) is currently showing its ROA (Return on Assets) of 0.7%. The Return on Investment (ROI) is at 0.6% while it’s Return on Equity (ROE) value stands at 7.7%. The stock currently shows its YTD (Year to Date) performance of -12.09 percent while its Weekly performance value is -3.56%. The Monthly and Yearly performances are -1.72 percent and -20.46 percent respectively. The Relative Volume value measured for Brookfield Property Partners L.P. (NASDAQ:BPY) is 0.67. The Average Volume (3 months) is 3.37 Million.

The stock currently has its Annual Dividend of $1.26 and an annual Dividend Yield of 6.47 Percent. BPY has P/E (Price to Earnings ttm) value of 11.13, Forward P/E of 10.31, P/C (Price to cash per share) of 3.23 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of 8.2 percent.

Company Profile:

Brookfield Property Partners L.P. owns, operates and invests in commercial real estate properties. The company is focused on office, retail, multi-family and industrial properties primarily in North America, Europe, Australia and Brazil. Brookfield Property Partners L.P. is headquartered in Hamilton, Bermuda.