Office Properties Income Trust (NASDAQ:OPI) had its target price decreased by equities researchers at Royal Bank of Canada to $27.00 in a research note issued to investors on Wednesday, The Fly reports. The firm currently has an “underperform” rating on the stock. Royal Bank of Canada’s price objective would suggest a potential downside of 6.35% from the company’s current price.
A number of other analysts have also recently weighed in on OPI. ValuEngine cut shares of Office Properties Income Trust from a “sell” rating to a “strong sell” rating in a research report on Friday, March 1st. Zacks Investment Research raised shares of Office Properties Income Trust from a “strong sell” rating to a “buy” rating and set a $31.00 price objective for the company in a research report on Thursday, March 7th.
Shares of Office Properties Income Trust stock opened at $28.83 on Wednesday. The company has a debt-to-equity ratio of 1.84, a current ratio of 1.06 and a quick ratio of 1.06. Office Properties Income Trust has a twelve month low of $25.05 and a twelve month high of $68.84. The firm has a market cap of $1.37 billion, a P/E ratio of 3.31, a price-to-earnings-growth ratio of 1.15 and a beta of 1.69.
About Office Properties Income Trust
Office Properties Income Trust is a real estate investment trust, or REIT, which owns buildings primarily leased to single tenants and those with high credit quality characteristics like government entities. In December 2018, our predecessor company Government Properties Income Trust, or GOV, merged with Select Income REIT, or SIR, and the combined company was renamed Office Properties Income Trust, or OPI.
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