Shares of Government Properties Income Trust (NASDAQ:GOV) have received a consensus recommendation of “Hold” from the eleven ratings firms that are presently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $12.83.
A number of brokerages recently issued reports on GOV. Royal Bank of Canada restated a “sell” rating and issued a $8.00 target price on shares of Government Properties Income Trust in a research note on Tuesday, November 20th. BidaskClub lowered Government Properties Income Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, November 28th. DA Davidson raised their target price on Government Properties Income Trust from $3.00 to $7.00 and gave the stock a “neutral” rating in a research note on Friday, December 21st. Finally, FBR & Co set a $23.00 target price on Government Properties Income Trust and gave the stock a “buy” rating in a research note on Thursday, December 20th.
Shares of Government Properties Income Trust stock traded up $0.34 during trading on Friday, reaching $28.83. The company’s stock had a trading volume of 454,377 shares, compared to its average volume of 2,871,847. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.73 and a quick ratio of 1.73. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 14.27, a PEG ratio of 0.95 and a beta of 1.50. Government Properties Income Trust has a 1-year low of $6.54 and a 1-year high of $18.70.
About Government Properties Income Trust
Government Properties Income Trust is a real estate investment trust, or REIT, which primarily owns properties located throughout the United States that are majority leased to government tenants and office properties in the metropolitan Washington, DC market area that are leased to government and private sector tenants.
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