Columbia Property Trust – Consensus Indicates Potential 1.5% Upside

Broker Ratings

Columbia Property Trust with ticker code (CXP) have now 5 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 16 and 13.5 calculating the average target price we see 15.1. Given that the stocks previous close was at 14.87 this would indicate that there is a potential upside of 1.5%. The 50 day MA is 12.44 and the 200 day moving average is 12.38. The market capitalisation for the company is $1,649m. Company Website:

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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