Gladstone Land Corporation (NASDAQ:LAND) was downgraded by Hilliard Lyons from a “buy” rating to a “neutral” rating in a research report issued on Wednesday.
A number of other equities research analysts have also recently commented on LAND. Zacks Investment Research cut shares of Gladstone Land Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Ladenburg Thalmann Financial Services reaffirmed a “buy” rating and set a $14.00 price objective (up previously from $13.00) on shares of Gladstone Land Corporation in a research note on Monday, September 18th. They noted that the move was a valuation call.
Shares of Gladstone Land Corporation (LAND) traded down $0.05 during midday trading on Wednesday, hitting $13.71. 31,100 shares of the stock were exchanged, compared to its average volume of 63,878. The firm has a market cap of $186.98, a PE ratio of 24.70 and a beta of 0.98. Gladstone Land Corporation has a twelve month low of $10.33 and a twelve month high of $14.29. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 2.48.
ILLEGAL ACTIVITY NOTICE: This piece was first published by Markets Daily and is the property of of Markets Daily. If you are accessing this piece on another publication, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this piece can be read at https://www.themarketsdaily.com/2017/11/10/gladstone-land-corporation-land-stock-rating-lowered-by-hilliard-lyons.html.
Gladstone Land Corporation Company Profile
Gladstone Land Corporation is an agricultural real estate investment trust (REIT). The Company is engaged in the business of owning and leasing farmland. The Company also owns various farm-related facilities, such as cooling facilities, buildings utilized for the storage and assembly of boxes for shipping produce (box barns), packinghouses, processing facilities and various storage facilities.
Receive News & Ratings for Gladstone Land Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Land Corporation and related companies with MarketBeat.com's FREE daily email newsletter.