Columbia Property Trust with ticker code (CXP) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 15 and 13.5 with the average target price sitting at 14.7. With the stocks previous close at 12.19 this indicates there is a potential upside of 20.6%. There is a 50 day moving average of 12.04 while the 200 day moving average is 13.2. The market cap for the company is $1,344m. Company Website: http://www.columbia.reit
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.