A report released today by Zacks Investment Research about Getty Realty Corp. (NYSE:GTY) ups the target price to $27.00
- Updated: November 29, 2016
Just yesterday Getty Realty Corp. (NYSE:GTY) traded 0.79% higher at $24.12. Getty Realty Corp.’s 50-day moving average is $22.74 and its 200-day moving average is $22.43. The last closing price is up 7.54% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 102,529 shares of GTY traded hands, down from an average trading volume of 170,950
Reporting a potential upside of 0.12%, Zacks Investment Research upped the price target of Getty Realty Corp. (NYSE:GTY) to $27.00
Recent Performance Chart
Getty Realty Corp. has 52 week low of $16.21 and a 52 week high of $24.33 with a PE ratio of 16.42 and has a market capitalization of $0.
Brief Synopsis On Getty Realty Corp. (NYSE:GTY)
Getty Realty Corp. is a real estate investment trust. The Company is engaged in the ownership, leasing and financing of convenience store and gasoline station properties. It owns and leases approximately 850 properties that are located in over 20 states across the United States and Washington, District of Columbia. Its properties are operated under various brands, including 76, Aloha, BP, Citgo, Conoco, Exxon, Getty, Mobil, Shell and Valero. It owns approximately 750 properties and leases over 100 properties from third-party landlords. Its property is used as a convenience store and gasoline station, and is located on between one-half and three quarters of an acre of land in a metropolitan area. It leases over 800 properties to tenants under long-term triple-net leases. It has over 40 transitional properties, which are repositioned for sale, re-development or re-leasing. Its leasing activities include over three new unitary leases covering an aggregate of over 40 properties.
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