Headlines about Monogram Residential Trust (NYSE:MORE) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Monogram Residential Trust earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 45.4744618047114 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the headlines that may have impacted Accern’s rankings:

Monogram Residential Trust (MORE) remained flat at $11.99 during mid-day trading on Friday. 13,856,098 shares of the company traded hands. The company has a 50-day moving average price of $11.97 and a 200 day moving average price of $10.73. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 18.22 and a beta of 0.80. Monogram Residential Trust has a 12-month low of $9.55 and a 12-month high of $12.09.

A number of analysts recently weighed in on MORE shares. Zacks Investment Research downgraded Monogram Residential Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. BMO Capital Markets restated a “buy” rating on shares of Monogram Residential Trust in a research note on Tuesday, July 4th. Robert W. Baird downgraded Monogram Residential Trust from an “outperform” rating to a “neutral” rating and lifted their price target for the company from $11.00 to $12.00 in a research note on Tuesday, July 25th. BidaskClub upgraded Monogram Residential Trust from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 13th. Finally, Canaccord Genuity set a $11.00 price target on Monogram Residential Trust and gave the company a “hold” rating in a research note on Wednesday, July 5th. One analyst has rated the stock with a sell rating and eight have issued a hold rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $11.75.

TRADEMARK VIOLATION NOTICE: “Monogram Residential Trust (MORE) Receives Daily News Impact Rating of 0.17” was posted by Daily Political and is the property of of Daily Political. If you are reading this piece on another site, it was illegally stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece can be read at https://www.dailypolitical.com/2017/09/23/monogram-residential-trust-more-receives-daily-news-impact-rating-of-0-17.html.

Monogram Residential Trust Company Profile

Monogram Residential Trust, Inc is a self-managed real estate investment trust (REIT). The Company invests in, develops and operates multifamily communities offering location and lifestyle amenities. The Company also invests in stabilized operating communities and communities in various phases of development, with a focus on communities in select markets across the United States.

Insider Buying and Selling by Quarter for Monogram Residential Trust (NYSE:MORE)

Receive News & Ratings for Monogram Residential Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monogram Residential Trust Inc. and related companies with MarketBeat.com's FREE daily email newsletter.