Blurbs

Maxim Group Thinks Generation Income Properties’ Stock is Going to Recover

In this article:

Maxim Group analyst Michael Diana reiterated a Buy rating on Generation Income Properties (GIPRResearch Report) yesterday and set a price target of $11.00. The company’s shares closed last Wednesday at $6.80, close to its 52-week low of $6.65.

According to TipRanks.com, Diana is a 5-star analyst with an average return of 17.5% and a 57.5% success rate. Diana covers the Financial sector, focusing on stocks such as First Savings Financial Group, Westamerica Bancorporation, and Manhattan Bridge Capital.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Generation Income Properties with a $11.00 average price target.

See today’s best-performing stocks on TipRanks >>

Based on Generation Income Properties’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $877.6K and GAAP net loss of $282.6K. In comparison, last year the company had a net profit of $0.

Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GIPR in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Generation Income Properties Inc is an internally managed company with the objective to acquire and own, directly or jointly, real estate investments focused on retail, office and industrial net lease properties located in several United States cities.

Read More on GIPR:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More