Headlines about Clipper Realty (NYSE:CLPR) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Clipper Realty earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave headlines about the company an impact score of 43.9396033032624 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s analysis:
- Clipper Realty Inc. (CLPR) Given $15.67 Consensus Target Price by Brokerages (americanbankingnews.com)
- Clippers induct six into Hall of Fame (morningjournalnews.com)
- Clipper Realty Inc. Announces Tax Information For 2017 Distributions (finance.yahoo.com)
- Head to Head Comparison: Clipper Realty (CLPR) & Starwood Waypoint Homes (SFR) (americanbankingnews.com)
Clipper Realty (CLPR) traded up $0.20 during trading hours on Friday, hitting $8.26. The company had a trading volume of 26,655 shares, compared to its average volume of 68,051. Clipper Realty has a fifty-two week low of $7.64 and a fifty-two week high of $14.24. The firm has a market cap of $143.57 and a price-to-earnings ratio of -41.30.
CLPR has been the subject of several research reports. Zacks Investment Research cut Clipper Realty from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 31st. B. Riley set a $16.00 price target on Clipper Realty and gave the company a “buy” rating in a research report on Friday, January 19th. Raymond James Financial reiterated a “buy” rating and issued a $14.00 price target on shares of Clipper Realty in a research report on Monday, December 4th. Finally, FBR & Co reiterated a “buy” rating and issued a $16.00 price target on shares of Clipper Realty in a research report on Friday, October 27th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $15.00.
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Clipper Realty Company Profile
Clipper Realty, Inc is a real estate investment trust, which acquires, owns, manages, operates and repositions multi-family residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. The Company’s segments include Commercial and Residential. As of June 30, 2016, it owned two residential/retail rental properties at 50 Murray Street and 53 Park Place in the Tribeca neighborhood of Manhattan, referred to as the Tribeca House properties.
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