Media headlines about Ramco-Gershenson Properties Trust (NYSE:RPT) have trended somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ramco-Gershenson Properties Trust earned a news impact score of 0.21 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 46.0697302637215 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Several equities analysts have recently issued reports on the stock. ValuEngine cut shares of Ramco-Gershenson Properties Trust from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Jefferies Group set a $14.00 price objective on shares of Ramco-Gershenson Properties Trust and gave the stock a “hold” rating in a research note on Wednesday, December 13th. Boenning Scattergood set a $13.00 price objective on shares of Ramco-Gershenson Properties Trust and gave the stock a “sell” rating in a research note on Wednesday, December 13th. Raymond James Financial reaffirmed a “hold” rating on shares of Ramco-Gershenson Properties Trust in a research note on Tuesday, December 12th. Finally, Zacks Investment Research raised shares of Ramco-Gershenson Properties Trust from a “sell” rating to a “hold” rating in a research note on Saturday, November 11th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $14.86.
Shares of Ramco-Gershenson Properties Trust (RPT) traded up $0.19 on Friday, hitting $11.75. 754,519 shares of the company’s stock traded hands, compared to its average volume of 571,103. Ramco-Gershenson Properties Trust has a one year low of $11.36 and a one year high of $16.51. The firm has a market capitalization of $917.47, a PE ratio of 19.92, a price-to-earnings-growth ratio of 2.21 and a beta of 0.58.
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Ramco-Gershenson Properties Trust Company Profile
Ramco-Gershenson Properties Trust is an equity real estate investment trust. The Company’s primary business is the ownership, management, redevelopment, development and operation of retail shopping centers. As of December 31, 2016, it owned and managed multi-anchored shopping centers in 12 metropolitan markets in the United States.
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