Camden Property Trust – Consensus Indicates Potential 36.8% Upside

Broker Ratings
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Camden Property Trust with ticker code (CPT) now have 20 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 208 and 136 with a mean TP of 163.35. Now with the previous closing price of 119.45 this is indicating there is a potential upside of 36.8%. The 50 day moving average now sits at 133.31 and the 200 day MA is 150.05. The market capitalisation for the company is $13,009m. Company Website: https://www.camdenliving.com

The potential market cap would be $17,790m based on the market concensus.

Camden Property Trust, an S&P 400 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns interests in and operates 167 properties containing 56,850 apartment homes across the United States. Upon completion of 7 properties currently under development, the Company’s portfolio will increase to 59,104 apartment homes in 174 properties. Camden has been recognized as one of the 100 Best Companies to Work For® by FORTUNE magazine for 13 consecutive years, most recently ranking #18. The Company also received a Glassdoor Employees’ Choice Award in 2020, ranking #25 for large U.S. companies.

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