Consolidated-Tomoka Land Co (CTO) Receives a Buy from B.Riley FBR


B.Riley FBR analyst Craig Kucera reiterated a Buy rating on Consolidated-Tomoka Land Co (CTO) today and set a price target of $82.00. The company’s shares closed last Monday at $63.48.

According to TipRanks.com, Kucera is a 5-star analyst with an average return of 7.8% and a 71.4% success rate. Kucera covers the Financial sector, focusing on stocks such as Monmouth Real Estate Investment, Bluerock Residential Growth, and Franklin Street Properties.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Consolidated-Tomoka Land Co with a $82.00 average price target.

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Based on Consolidated-Tomoka Land Co’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $1.49 million. In comparison, last year the company had a net profit of $296.2K.

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Consolidated Tomoka Land Co. is a diversified real estate operating company. The company operates through the following business segments: Income Properties, Commercial Loan Investments, and Real Estate Operations.

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