Columbia Property Trust – Consensus Indicates Potential -4.2% Downside

Broker Ratings

Columbia Property Trust with ticker code (CXP) have now 4 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 19.3 and 17 and has a mean target at 18.46. Given that the stocks previous close was at 19.26 this is indicating there is a potential downside of -4.2%. The 50 day MA is 19.15 while the 200 day moving average is 17.79. The company has a market capitalisation of $2,215m. You can visit the company’s website by visiting:

Columbia Property Trust (NYSE: CXP) creates value through owning, operating, and developing Class-A office buildings in New York, San Francisco, Washington D.C., and Boston. The Columbia team is deeply experienced in transactions, asset management and repositioning, leasing, development, and property management. It employs these competencies to grow value across its high-quality, well-leased portfolio of 15 properties that contain approximately seven million rentable square feet, as well as four properties under development, and also has approximately eight million square feet under management for private investors and third parties. Columbia has investment-grade ratings from both Moody’s and S&P Global Ratings.

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