Gladstone Commercial (NASDAQ:GOOD) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research note issued to investors on Saturday.
GOOD has been the subject of several other research reports. Ladenburg Thalmann Financial Services reaffirmed a “hold” rating on shares of Gladstone Commercial in a research note on Friday, December 1st. B. Riley began coverage on shares of Gladstone Commercial in a research note on Thursday. They set a “neutral” rating and a $19.00 price objective for the company. Zacks Investment Research raised shares of Gladstone Commercial from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research note on Friday, January 12th. Finally, ValuEngine cut shares of Gladstone Commercial from a “strong-buy” rating to a “buy” rating in a research note on Monday, November 20th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. Gladstone Commercial presently has a consensus rating of “Hold” and a consensus target price of $21.50.
Gladstone Commercial (NASDAQ:GOOD) traded up $0.39 during mid-day trading on Friday, hitting $18.03. 301,126 shares of the stock were exchanged, compared to its average volume of 162,383. The stock has a market capitalization of $488.73, a PE ratio of -601.00, a P/E/G ratio of 1.86 and a beta of 0.74. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 1.78. Gladstone Commercial has a twelve month low of $17.09 and a twelve month high of $23.35.
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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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