Several other brokerages have also recently weighed in on CLPR. B. Riley set a $18.00 price target on Clipper Realty and gave the company a “buy” rating in a research report on Thursday, October 17th. Zacks Investment Research cut Clipper Realty from a “buy” rating to a “hold” rating in a research report on Thursday, October 24th.
Shares of CLPR stock opened at $9.18 on Tuesday. The stock has a 50 day moving average of $9.37 and a 200 day moving average of $10.82. The stock has a market cap of $159.44 million, a P/E ratio of 20.40 and a beta of 0.01. Clipper Realty has a twelve month low of $8.50 and a twelve month high of $13.87.
Clipper Realty Company Profile
Clipper Realty Inc (NYSE: CLPR) is a self-administered and self-managed real estate company that acquires, owns, manages, operates and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn.
Featured Article: Put Option
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Clipper Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clipper Realty and related companies with MarketBeat.com's FREE daily email newsletter.