Colliers Securities analyst Barry Oxford maintained a Buy rating on Postal Realty (PSTL – Research Report) today and set a price target of $18.00. The company’s shares opened today at $14.62.
Oxford covers the Financial sector, focusing on stocks such as Gladstone Commercial, Terreno Realty, and City Office REIT. According to TipRanks, Oxford has an average return of 0.0% and a 52.54% success rate on recommended stocks.
Postal Realty has an analyst consensus of Strong Buy, with a price target consensus of $17.67.
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Based on Postal Realty’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $13.78 million and a net profit of $931 thousand. In comparison, last year the company earned a revenue of $10.53 million and had a net profit of $531 thousand
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Postal Realty Trust, Inc. is an internally managed real estate corporation. It owns and manages properties leased to the United States Postal Service (USPS). The company was founded in November 2018 and is headquartered in Cedarhurst, NY.
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