Ladenburg Thalmann Financial Services Reaffirms “Hold” Rating for Gladstone Commercial (GOOD)
Gladstone Commercial (NASDAQ:GOOD)‘s stock had its “hold” rating reaffirmed by Ladenburg Thalmann Financial Services in a note issued to investors on Friday.
A number of other analysts have also issued reports on the company. ValuEngine lowered Gladstone Commercial from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 20th. Zacks Investment Research lowered Gladstone Commercial from a “hold” rating to a “sell” rating in a research report on Thursday, November 2nd. Janney Montgomery Scott assumed coverage on Gladstone Commercial in a research report on Friday, September 8th. They issued a “buy” rating on the stock. Finally, BidaskClub raised Gladstone Commercial from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $23.33.
Shares of Gladstone Commercial (NASDAQ:GOOD) traded down $0.06 during midday trading on Friday, reaching $22.78. The company’s stock had a trading volume of 133,432 shares, compared to its average volume of 178,892. The stock has a market capitalization of $629.47, a price-to-earnings ratio of 15.23, a price-to-earnings-growth ratio of 2.51 and a beta of 0.87. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.78. Gladstone Commercial has a 52 week low of $18.17 and a 52 week high of $23.35.
Gladstone Commercial Company Profile
Gladstone Commercial Corporation is a real estate investment trust. The Company focuses on acquiring, owning and managing primarily office and industrial properties. The Company also makes long-term industrial and commercial mortgage loans. As of February 15, 2017, the Company owned 95 properties totaling 10.9 million square feet in 24 states.
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