Liberty Property Trust (LPT) Receives Price Target

Liberty Property Trust (LPT) : 2 investment research analysts covering Liberty Property Trust (LPT) have an average price target of $40.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $41 and the lowest target is $40 for the short term. Analysts expect the variance to be within $0.71 of the average price.

Liberty Property Trust (LPT) : Zacks Investment Research ranks Liberty Property Trust (LPT) as 3, which is a Hold recommendation. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 3, which indicates as a Hold.


Also, BTIG Research initiates coverage on Liberty Property Trust (NYSE:LPT). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on August 25, 2016.

Liberty Property Trust (NYSE:LPT): The stock opened at $41.27 on Thursday but the bulls could not build on the opening and the stock topped out at $41.31 for the day. The stock traded down to $40.56 during the day, due to lack of any buying support eventually closed down at $40.88 with a loss of -0.85% for the day. The stock had closed at $41.23 on the previous day. The total traded volume was 766,501 shares.

Liberty Property Trust (the Trust) is a self-administered and self-managed Maryland real estate investment trust. The Trusts operations are conducted through its subsidiary, Liberty Property Limited Partnership (Operating Partnership or the Company), a Pennsylvania limited partnership. The Company provides leasing, property management, development and other tenant-related services for the properties under development and the properties in operation. As of December 31, 2014, the Company owned and operated 489 industrial and 180 office properties totaling 91.3 million square feet. As of December 31, 2014, the Company owned 25 properties under development. Additionally, as of December 31, 2014, the Company had an ownership interest, through unconsolidated joint ventures, in 49 industrial and 34 office properties totaling 14.3 million square feet, four properties under development, and 460 acres of developable land, substantially all of which is zoned for commercial use.

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