Corporate Office Properties Trust (OFC) : The consensus on Corporate Office Properties Trust (OFC) based on 10 analyst recommendation on the company stock is 1.9, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Corporate Office Properties Trust (OFC) : Average target price received by Corporate Office Properties Trust (OFC) is $30.89 with an expected standard deviation of $2.03. The most aggressive target on the stock is $34, whereas the most downbeat target is $27. 9 financial analysts are currently covering the stock.
Also, BTIG Research initiates coverage on Corporate Office Properties Trust (NYSE:OFC). The shares have now been rated Buy by the stock experts at the ratings house. BTIG Research announces the current price target of $33 per share on Corporate Office Properties Trust. The rating by the firm was issued on August 25, 2016.
Corporate Office Properties Trust (NYSE:OFC): The stock opened in the green at $27.59 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $27.69 and a low of $27.24 for the day. The stock did not find buyers even at the lows and closed at $27.35 recording a loss of -0.76%. 846,883 shares exchanged hands during the trading day. The stock had closed at $27.56 in the previous days trading.
Corporate Office Properties Trust (COPT) is an integrated self-managed real estate investment trust (REIT). Corporate Office Properties, L.P. (COPLP) and subsidiaries (collectively the Operating Partnership) is the entity through which COPT, the sole general partner of COPLP, conducts all of its operations and owns almost all of its assets. The Company has 10 reportable operating office property segments (comprising the Baltimore/Washington Corridor; Northern Virginia; San Antonio; Huntsville; Washington, DC – Capitol Riverfront; St. Marys and King George Counties; Greater Baltimore; Greater Philadelphia; Colorado Springs; and Other). It also has an operating wholesale data center segment. The Company operates in two industries: commercial office properties and wholesale data center. The Company acquires, develop, manage and lease office, and data center properties concentrated in office parks located in the Greater Washington, DC/Baltimore region.