Analyst Rating Update on Cousins Properties Incorporated (CUZ)

Cousins Properties Incorporated (NYSE:CUZ) has an average broker rating of 2.2, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Cousins Properties Incorporated (NYSE:CUZ) has been rated by 4 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $12 and the lowest price target forecast is $11. The average forecast of all the analysts is $11.13 and the expected standard deviation is $0.63.

For the current week, the company shares have a recommendation consensus of Buy.

Cousins Properties Incorporated (NYSE:CUZ): stock turned positive on Tuesday. Though the stock opened at $10.17, the bulls momentum made the stock top out at $10.185 level for the day. The stock recorded a low of $10.04 and closed the trading day at $10.11, in the green by 0.40%. The total traded volume for the day was 1,613,711. The stock had closed at $10.07 in the previous days trading.

In an insider trading activity, Gellerstedt Lawrence L Iii, CEO of Cousins Properties Inc, executed a transaction worth $99,640 on February 17, 2016. A total of 11,750 shares were purchased at an average price of $8.48. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Cousins Properties Incorporated (Cousins) is a self-administered and self-managed real estate investment trust (REIT). Cousins Real Estate Corporation (CREC) is an entity wholly owned by Cousins. Cousins, CREC, Cousins TRS Services LLC (CTRS) and their subsidiaries (collectively, the Company) develop, acquire, lease, manage and own primarily Class A office properties and opportunistic mixed-use developments in Sunbelt markets with a focus on Georgia, Texas and North Carolina. It operates its business in four segments: Office, Retail, Land and Other. The Companys portfolio of real estate assets consists of interests in approximately 15.7 million square feet of office space, 80,000 square feet of retail space and 404,000 square feet (443 units) of apartments. It has ownership interests in various properties, including Greenway Plaza, Post Oak Central, 2100 Ross Avenue, 816 Congress and Promenade, among others. Its portfolio includes around 16 operating office properties.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.