News coverage about Parkway (NYSE:PKY) has trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Parkway earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 45.3362703301809 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Parkway (NYSE:PKY) remained flat at $$19.04 during mid-day trading on Friday. Parkway has a one year low of $16.39 and a one year high of $23.17.
Separately, Mizuho reaffirmed a “hold” rating and set a $23.00 price target on shares of Parkway in a research report on Sunday, October 15th.
Parkway, Inc is a self-managed real estate investment trust (REIT). The Company owns and operates office properties located in submarkets in Houston, Texas. As of December 31, 2016, the Company’s portfolio consisted of five Class A assets comprising 19 buildings and totaling approximately 8.7 million rentable square feet in the Greenway, Galleria and Westchase submarkets of Houston.
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