Columbia Property Trust – Consensus Indicates Potential -4.2% Downside

Broker Ratings
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Columbia Property Trust found using ticker (CXP) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 19.3 and 17 with a mean TP of 18.46. Now with the previous closing price of 19.26 this now indicates there is a potential downside of -4.2%. There is a 50 day moving average of 19.15 while the 200 day moving average is 17.87. The company has a market capitalisation of $2,215m. Find out more information at: 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.

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