Media coverage about Clipper Realty (NYSE:CLPR) has trended somewhat positive on Thursday, according to Accern. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Clipper Realty earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.4193278552742 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news articles that may have effected Accern’s scoring:

Clipper Realty (NYSE CLPR) traded up $0.32 on Thursday, reaching $10.25. 49,600 shares of the company traded hands, compared to its average volume of 76,500. The company has a market cap of $176.88 and a P/E ratio of 28.37. Clipper Realty has a 52 week low of $9.43 and a 52 week high of $15.00.

A number of research analysts have recently weighed in on the stock. Raymond James Financial reissued a “buy” rating and set a $14.00 target price on shares of Clipper Realty in a research report on Monday, December 4th. Zacks Investment Research downgraded shares of Clipper Realty from a “buy” rating to a “hold” rating in a research report on Thursday, November 30th. B. Riley reissued a “buy” rating on shares of Clipper Realty in a research report on Wednesday, November 1st. FBR & Co reaffirmed a “buy” rating and issued a $16.00 price objective on shares of Clipper Realty in a report on Friday, October 27th. Finally, JMP Securities started coverage on shares of Clipper Realty in a report on Monday, October 9th. They issued an “outperform” rating and a $17.00 price objective for the company. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $14.75.

In other news, Director Sam Levinson purchased 10,000 shares of the business’s stock in a transaction on Tuesday, November 14th. The stock was purchased at an average cost of $9.83 per share, with a total value of $98,300.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

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Clipper Realty Company Profile

Clipper Realty, Inc is a real estate investment trust, which acquires, owns, manages, operates and repositions multi-family residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. The Company’s segments include Commercial and Residential. As of June 30, 2016, it owned two residential/retail rental properties at 50 Murray Street and 53 Park Place in the Tribeca neighborhood of Manhattan, referred to as the Tribeca House properties.

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