Colliers Securities Keeps Their Hold Rating on Gladstone Land (LAND)
In a report released yesterday, Barry Oxford from Colliers Securities maintained a Hold rating on Gladstone Land, with a price target of $10.00.
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Oxford covers the Real Estate sector, focusing on stocks such as Global Medical REIT, Global Net Lease, and Gladstone Land. According to TipRanks, Oxford has an average return of 1.3% and a 50.63% success rate on recommended stocks.
Gladstone Land has an analyst consensus of Hold, with a price target consensus of $10.00.
Based on Gladstone Land’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $12.3 million and a GAAP net loss of $7.88 million. In comparison, last year the company earned a revenue of $21.3 million and had a GAAP net loss of $823 thousand
