Columbia Property Trust with ticker code (CXP) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 19.3 and 17 calculating the mean target price we have 18.46. Given that the stocks previous close was at 19.26 this would indicate that there is a downside of -4.2%. There is a 50 day moving average of 19.15 and the 200 day moving average is 17.87. The company has a market capitalisation of $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.
