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RPT Realty (NYSE:RPT) Receives New Coverage from Analysts at StockNews.com

StockNews.com started coverage on shares of RPT Realty (NYSE:RPT – Free Report) in a research note published on Wednesday. The brokerage issued a hold rating on the real estate investment trust’s stock. Several other equities research analysts also recently weighed in on the stock. Raymond James downgraded shares of RPT Realty from an outperform rating […] ....

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RPT Realty (NYSE:RPT) Sees Large Volume Increase Following Dividend Announcement

Shares of RPT Realty (NYSE:RPT – Get Free Report) saw unusually-strong trading volume on Thursday following a dividend announcement from the company. Approximately 648,860 shares traded hands during mid-day trading, a decline of 12% from the previous session’s volume of 735,275 shares.The stock last traded at $10.31 and had previously closed at $9.87. The newly […] ....

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RPT Realty (NYSE:RPT) Given Consensus Rating of "Hold" by Analysts

RPT Realty (NYSE:RPT – Get Free Report) has been given a consensus rating of “Hold” by the four brokerages that are presently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation. The average twelve-month target price among brokerages that have updated their coverage on the stock in the […] ....

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Real property tax to soar

FROM paying P1,200 in real property tax (RPT), a land owner with a 500-square-meter residential land on Sanson Road, Barangay Lahug, may expect a significant jump of 525 percent in his tax dues once the Cebu City Government approves and implements the proposed Real Property Tax (RPT) Ordinance which, its author said, to some extent is based on “subjective” assessments.

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