Columbia Property Trust with ticker code (CXP) now have 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 17 and 13.5 with a mean TP of 15.1. Given that the stocks previous close was at 11.89 this indicates there is a potential upside of 27.0%. The 50 day moving average now sits at 12.13 while the 200 day moving average is 14.06. The company has a market cap of $1,365m. 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.