Four Corners Property Trust (NYSE:FCPT – Get Rating) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Wednesday.
Other equities analysts have also recently issued reports about the company. Raymond James increased their price target on Four Corners Property Trust from $28.00 to $29.00 and gave the stock an “outperform” rating in a report on Monday, January 9th. Evercore ISI cut Four Corners Property Trust from an “outperform” rating to an “inline” rating and set a $28.00 price target for the company. in a report on Monday, November 21st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $28.33.
Four Corners Property Trust Stock Performance
NYSE FCPT opened at $26.90 on Wednesday. The stock has a market cap of $2.32 billion, a PE ratio of 22.42 and a beta of 0.92. The company has a current ratio of 3.00, a quick ratio of 3.00 and a debt-to-equity ratio of 0.87. Four Corners Property Trust has a twelve month low of $22.67 and a twelve month high of $30.13. The stock has a fifty day simple moving average of $27.93 and a 200-day simple moving average of $26.62.
Institutional Investors Weigh In On Four Corners Property Trust
About Four Corners Property Trust
Four Corners Property Trust, Inc engages in the owning, acquisition, and leasing of properties for use in the restaurant and food-service related industries. It operates through the Real Estate Operations and Restaurant Operations segments. The Real Estate Operations segment consists of rental revenues generated by leasing restaurant properties.
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