Government Properties Income Trust Gets a Sell Rating from Jefferies

By Ryan Adsit

Jefferies analyst Omotayo Okusanya reiterated a Sell rating on Government Properties Income Trust (NYSE: GOV) yesterday and set a price target of $15. The company’s shares opened today at $22.78, close to its 52-week high of $24.61.

According to, Okusanya is a 4-star analyst with an average return of 6.0% and a 57.6% success rate. Okusanya covers the Financial sector, focusing on stocks such as National Storage Affiliates Trust, Retail Properties of America Inc, and Senior Housing Properties Trust.

Government Properties Income Trust has an analyst consensus of Hold, with a price target consensus of $20.

The company has a one year high of $24.61 and a one year low of $12.22. Currently, Government Properties Income Trust has an average volume of 501.5K.

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Government Properties Income Trust operates as a real estate investment trust which owns properties such as office buildings. It operates through the Investment in Real Estate and Investment in SIR. The Investment in Real Estate segment owns properties that are primarily leased to government tenants. The The Investment in SIR segment owns outstanding common shares of Select Income REIT, a publicly traded REIT that primarily owns and invests in single tenant properties throughout the U.S. and leased lands in Hawaii. The company was founded on February 17, 2009 and is headquartered in Newton, MA.