In a report released yesterday, Michael Diana from Maxim Group reiterated a Buy rating on Generation Income Properties (GIPR – Research Report), with a price target of $10.00. The company’s shares closed yesterday at $5.92.
According to TipRanks, Diana is a 5-star analyst with an average return of 13.4% and a 49.46% success rate. Diana covers the Financial sector, focusing on stocks such as Ellington Financial, AGNC Investment, and Cullen/Frost Bankers.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Generation Income Properties with a $9.00 average price target.
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The company has a one-year high of $9.40 and a one-year low of $5.39. Currently, Generation Income Properties has an average volume of 13.57K.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GIPR in relation to earlier this year.
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Generation Income Properties Inc is an internally managed company with the objective to acquire and own, directly or jointly, real estate investments focused on retail, office and industrial net lease properties located in several United States cities.
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