Hudson Pacific Properties (HPP) : The consensus on Hudson Pacific Properties (HPP) based on 8 analyst recommendation on the company stock is 1.31, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 6 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. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Hudson Pacific Properties (HPP) stock is expected to deviate a maximum of $1.29 from the average target price of $38 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $40 and the most muted being $36.
Also, BTIG Research initiates coverage on Hudson Pacific Properties (NYSE:HPP) The current rating of the shares is Buy. Equity Analysts at the Firm announces the price target to $38 per share. The rating by the firm was issued on August 25, 2016.
Hudson Pacific Properties (NYSE:HPP): After opening at $31.99, the stock dipped to an intraday low of $31.61 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $32.26 and the buying power remained strong till the end. The stock closed at $32.08 for the day, a gain of 0.34% for the day session. The total traded volume was 759,835. The stocks close on the previous trading day was $31.97.
Hudson Pacific Properties, Inc. is a real estate investment trust (REIT). The Company is a real estate company focused on owning, operating and acquiring office properties and media and entertainment properties in markets in Northern and Southern California and the Pacific Northwest. Its portfolio includes office properties, comprising approximately 5.9 million square feet, and media and entertainment properties, comprising approximately 0.9 million square feet of sound-stage, office and supporting production facilities. Its segments include office properties and media and entertainment properties. The Companys office properties include First & King, Met Park North, Northview, Rincon Center, 275 Brannan Street, 901 Market Street, Del Amo Office Building, 6922 Hollywood, 10900 Washington and 3401 Exposition, among others. Its media and entertainment properties segment includes two properties, the Sunset Gower property and the Sunset Bronson property.