Consolidated-Tomoka Land Co Receives a Buy from FBR Capital

By Carrie Williams

FBR Capital analyst David Corak reiterated a Buy rating on Consolidated-Tomoka Land Co (NYSE MKT: CTO) yesterday. The company’s shares opened today at $57.90, equals to its 52-week high of $57.90.

According to TipRanks.com, Corak is a 3-star analyst with an average return of 2.3% and a 43.9% success rate. Corak covers the Financial sector, focusing on stocks such as National Storage Affiliates Trust, Preferred Apartment Communities, and Bluerock Residential Growth.

Consolidated-Tomoka Land Co has an analyst consensus of Moderate Buy.

The company has a one year high of $57.90 and a one year low of $45.51. Currently, Consolidated-Tomoka Land Co has an average volume of 10.73K.

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Consolidated Tomoka Land Co. is a diversified real estate operating company. The company operates in four business segments: income properties, commercial loan investments, real estate operations, and golf operations. The Commercial loan Investments segment consists of one loan collateralized by a hotel property in Atlanta, Georgia.