BRT Apartments Corp (NYSE:BRT) reached a new 52-week high during trading on Wednesday . The stock traded as high as $14.28 and last traded at $14.23, with a volume of 20 shares traded. The stock had previously closed at $14.20.
Several brokerages have recently weighed in on BRT. B. Riley reaffirmed a “buy” rating on shares of BRT Apartments in a research note on Tuesday, January 15th. Compass Point began coverage on BRT Apartments in a research note on Tuesday, January 22nd. They set a “neutral” rating and a $13.50 target price for the company. Zacks Investment Research raised BRT Apartments from a “sell” rating to a “hold” rating in a research note on Friday, March 29th. Finally, DA Davidson began coverage on BRT Apartments in a research note on Thursday, March 28th. They set a “buy” rating and a $16.00 target price for the company. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. BRT Apartments presently has an average rating of “Buy” and a consensus target price of $15.38.
The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 2.96. The company has a market capitalization of $227.04 million, a price-to-earnings ratio of 14.74 and a beta of 0.59.
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BRT Apartments Company Profile (NYSE:BRT)
BRT is a real estate investment trust that owns, operates and develops multi-family properties. Interested parties are urged to review the Form 10-Q filed with the Securities and Exchange Commission for the quarter ended December 31, 2018 and the supplemental disclosures regarding the quarter on the investor relations section of the Company's website.
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