Bluerock Residential Growth REIT (BRG) Receives Daily News Impact Score of 0.10

Media coverage about Bluerock Residential Growth REIT (NYSE:BRG) has trended somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bluerock Residential Growth REIT earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned news articles about the company an impact score of 50 out of 100, indicating that recent media coverage is somewhat likely to have an effect on the company’s share price in the immediate future.

Shares of Bluerock Residential Growth REIT (BRG) traded up 1.81% during midday trading on Wednesday, reaching $12.91. The company had a trading volume of 50,784 shares. The company’s 50-day moving average is $12.83 and its 200-day moving average is $12.79. Bluerock Residential Growth REIT has a 52-week low of $11.25 and a 52-week high of $14.77.

A number of equities analysts have issued reports on BRG shares. Zacks Investment Research lowered Bluerock Residential Growth REIT from a “hold” rating to a “sell” rating in a research report on Monday. FBR & Co reissued an “outperform” rating and issued a $15.00 price target on shares of Bluerock Residential Growth REIT in a research note on Tuesday. Finally, TheStreet raised Bluerock Residential Growth REIT from a “d+” rating to a “c-” rating in a research note on Thursday, June 1st.

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About Bluerock Residential Growth REIT

Bluerock Residential Growth REIT, Inc is a real estate investment trust. The Company is focused on acquiring a portfolio of residential real estate assets. As of December 31, 2016, the Company’s portfolio consisted of interests in 31 properties (21 operating and 10 development properties). As of December 31, 2016, its properties contained an aggregate of 9,570 units, consisting of 6,972 operating units and 2,598 units under development.

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