BioMed Realty Trust in talks to sell itself
The company has a market cap of $598 million and the number of outstanding shares have been calculated to be 36,071,000 shares. The is the average recommendation based on the 7 firms polled by Zacks. Previously, the analysts had a Hold rating on the counter. The company has been rated as hold from 3 Wall Street Analysts. (NYSE:SBY): 4 analysts have set the short term price target of Silver Bay Realty Trust Corp.
Biomed Realty Trust (NYSE:BMR) last posted its earnings results on Tuesday, July 28th. Placing these targets into a simplified 1-5 rating system produces a score of 1.25 for Agree Realty Corporation, where 1 represents a Strong Buy rating and 5 would indicate a Strong Sell rating. Earlier, the shares had a rating of Neutral. The rating by Canaccord Genuity was issued on September 23, 2015.
Acadia Realty Trust (NYSE:AKR) rose 1.06% or 0.32 points on Wednesday and made its way into the gainers of the day. The shares were sold at an average price of $21.01, for a total value of $100,848.00. The daily volume was measured at 600,878 shares. The higher and the lower price estimates are $ 156 and $133 respectively.
SYN-004 is the Company’s hopeful treatment, in a matter of seconds in Phase 2 clinical trials, that is meant to debase certain IV beta-lactam anti-infection agents inside of the gastrointestinal (GI) tract and keep up the regular parity of the gut microbiome for the counteractive action of C. difficile disease, anti-microbial related loose bowels (AAD) and auxiliary anti-infection safe contaminations. The transaction was executed at $15.75 per share with total amount equaling $157,500. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. KeyBanc raised shares of Biomed Realty Trust from a sector weight rating to an overweight rating in a research note on Monday, September 14th. The firm’s quarterly revenue was up 7.3% compared to the same quarter previous year. Year-to-Date the stock performance stands at -7.07%.
Agree Realty Corporation is a self-administered and self-managed real estate investment trust (REIT). It specializes in acquiring and developing single tenant net leased retail properties for industry retail. The Trust operates in three segments: Core Portfolio, Funds and Structured Financing. It also makes investments in first mortgages, preferred equity and other notes receivable collateralized by real estate, (Structured Finance Program) either directly or through entities having an ownership interest therein. Its products and services comprise banking operations, such as loans and advances and deposit-taking, credit card issuance, purchasing consortiums, insurance, leasing, payment collection and processing, pension plans, asset administration and brokerage services.