Columbia Property Trust with ticker code (CXP) now have 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 with a mean TP of 18.46. Now with the previous closing price of 19.26 this would indicate that there is a downside of -4.2%. The day 50 moving average is 19.15 and the 200 moving average now moves to 17.87. The market capitalisation for the company is $2,215m. You can visit the company’s website by visiting: https://www.columbia.reit
The potential market cap would be $2,123m based on the market concensus.
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.
