RBC Capital analyst Pammi Bir maintained a Hold rating on Brookfield Property Partners (NASDAQ:BPY) on Wednesday, setting a price target of $17, which is approximately 1.16% below the present share price of $17.2.
Bir expects Brookfield Property Partners to post earnings per share (EPS) of $0.00 for the first quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Hold rating of shares in Brookfield Property Partners, with an average price target of $17.17.
The analysts price targets range from a high of $17.5 to a low of $17.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.64 billion and a net profit of $666 million. The company's market cap is $16.02 billion.
According to TipRanks.com, RBC Capital analyst Pammi Bir is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.8% and a 75.00% success rate.
Brookfield Property Partners LP is a global commercial property company, which owns, operates, and invests in office, retail, multifamily, and industrial assets. It operates through the following segments: Core Office, Core Retail, LP Investments, and Corporate. The Core Office segment consists of office properties in New York, London, Los Angeles, Washington, D.C., Sydney, Toronto, and Berlin. The Core Retail segment deals with interests in regional malls and urban retail properties. The LP Investments segment comprises of investments in Brookfield-sponsored real estate funds. The Corporate segment deals with other activities. The company was founded on January 3, 2013 and is headquartered in Hamilton, Bermuda.