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Colliers Securities Reaffirms Their Hold Rating on Gladstone Land (LAND)

Tipranks - Tipranks - Wed Feb 25, 7:48PM CST

In a report released yesterday, Barry Oxford from Colliers Securities maintained a Hold rating on Gladstone Land, with a price target of $12.00.

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According to TipRanks, Oxford is a 4-star analyst with an average return of 4.6% and a 58.38% success rate. Oxford covers the Real Estate sector, focusing on stocks such as Independence Realty, Mid-America Apartment, and Rexford Industrial Realty.

In a report released on February 18, B. Riley Securities also maintained a Hold rating on the stock with a $11.50 price target.

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Based on Gladstone Land’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $17.79 million and a net profit of $2.09 million. In comparison, last year the company earned a revenue of $22.57 million and had a net profit of $6 thousand

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