Columbia Property Trust – Consensus Indicates Potential -4.2% Downside

Broker Ratings
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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 average target price we see 18.46. With the stocks previous close at 19.26 this now indicates there is a potential downside of -4.2%. There is a 50 day moving average of 19.15 and the 200 day moving average is 17.87. The market cap for the company is $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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