Shares of Bluerock Residential Growth REIT Inc. Class A (NYSE American:BRG) traded today at $14.37, eclipsing its 52-week high. This new high was reached on below average trading volume as 55,000 shares traded hands, while the average 30-day volume is approximately 287,000 shares.
There is potential upside of 82.7% for shares of Bluerock Residential Growth REIT Inc. Class A based on a current price of $14.32 and an average consensus analyst price target of $26.17.
In the past 52 weeks, shares of Bluerock Residential Growth REIT Inc. Class A have traded between a low of $7.90 and a high of $14.37 and is now at $14.32, which is 81% above that low price.
Bluerock Residential Growth REIT Inc is a real estate investment trust (or REIT). The company’s objective is to maximize long-term stockholder value by acquiring well-located institutional-quality apartment properties in demographically attractive growth markets across the United States. Its property portfolios include Alexan CityCentre, Alexan Southside, Arium Grandewood, Arium Palmer Ranch and others.
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