JACKSONVILLE, FL—Based on a recent meeting in Europe withexecutives from retail REIT Regency Centers Corp.,analysts with RBC Capital Markets LLC say thecompany is well positioned to drive substantial cash flow and Fundsfrom Operations share growth over the next five years.
RBC in its analysis says that it believes Regency shares to be“very attractive vs. those of the company's peer group over thenext 12 months.”
Some of the key factors behind its outperform rating include thefact that the sale of non-core assets is essentially complete.“This pivot away from the dilutive sale of slow growth assetspositions the company for strong and stable cash flow over thecoming years,” RBC analysts state in their report.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
