Список проголосовавших за комментарий " <table class="BriefingDataTable" border="0" cellspacing="0" cellpadding="0"><tr> <td class="tickerColumn"> </td> <td class="articleColumn">Regency Centers resumed with a Equal Weight at Barclays as Equity One merger is complete; tgt $72 — details (66.53 -1.21)Barclays resumes coverage of REG with a Equal Weight and sets target price at $72. <strong>Firm views the deal constructively</strong>; buying EQY's portfolio is directionally appropriate given the current environment of increasing bifurcation between low/high quality assets. The combined portfolio is 79% grocery-anchored in dense, affluent markets. Increased scale should drive better operating leverage and organic growth. At the same time, REG's balance sheet and capital allocation strategy is stable and defensive. Leverage is low and liquidity high. REG's $458 million development/ redevelopment pipeline represents only ~3% of its total EV. All that said, premium valuation and headline risk keep us on the sidelines. REG's est'd five year CAD growth rate of 7.4% is in-line with its SC peers, yet it trades at 25.3x 2017 P/CAD versus its peers 19.4x. Further, and notwithstanding REG's high quality portfolio, they expect retail stores closures to weigh on the group, driving multiple compression.</td> </tr></table>"