One Liberty Properties (OLP) is Reiterated by Wunderlich to Buy, Raises Price Target to $ 28

One Liberty Properties (OLP) was Reiterated by Wunderlich to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 28 from a previous price target of $25 . Wunderlich advised their investors in a research report released on Aug 9, 2016.

One Liberty Properties (OLP) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $25.75 and reached the intraday high at $25.8. The bulls started the profit booking and pushed the shares to intraday low of $25.53. The trading session was marked by a volume range of 29,588 shares exchanging hands. The 52-week high of the shares is $25.85 and the 52-week low is $18.795. The market cap of the company stands at $440 M and there are 1,71,48,686 shares in public circulation.

In a different news, on Mar 31, 2015, Lawrence Ricketts (Exec.Vice President and COO) sold 10,000 shares at $24.21 per share price. According to the SEC, on Mar 31, 2015, Justin Clair (Vice President) sold 1,000 shares at $24.64 per share price.

One Liberty Properties Inc. (OLP) is a self-administered and self-managed real estate investment trust (REIT). The Company acquires owns and manages a geographically diversified portfolio of retail (including furniture and office supply stores) industrial office flex health and fitness and other properties a substantial portion of which are under long-term leases. OLP owns approximately 115 properties including seven properties owned by consolidated joint ventures and five properties owned by unconsolidated joint ventures. The Company’s 115 properties are located in 30 states and have an aggregate of approximately 6.8 million square feet (including an aggregate of approximately 924000 square feet at properties owned by the Company’s joint ventures). Based on square footage its occupancy rate at December 31 2014 was approximately 98.3%.

One Liberty Properties

Leave a Reply

One Liberty Properties - Is it time to Sell?

Top Brokerage Firms are advising their investors on One Liberty Properties. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.