Media headlines about Clipper Realty (NYSE:CLPR) have been trending somewhat positive on Friday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Clipper Realty earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.8588360492779 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Clipper Realty (CLPR) remained flat at $$9.87 during mid-day trading on Friday. 57,600 shares of the stock traded hands, compared to its average volume of 76,244. The firm has a market capitalization of $175.81 and a PE ratio of -49.35. Clipper Realty has a 52-week low of $9.43 and a 52-week high of $15.00.

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

In other news, Director Sam Levinson purchased 10,000 shares of the firm’s stock in a transaction on Tuesday, November 14th. The stock was acquired at an average cost of $9.83 per share, with a total value of $98,300.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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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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