Corporate Office Properties Trust (OFC) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $34 and the lowest price target forecast is $27. The average forecast of all the analysts is $30.44 and the expected standard deviation is $2.19.
Corporate Office Properties Trust (OFC) : 5 brokerage houses believe that Corporate Office Properties Trust (OFC) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Corporate Office Properties Trust (OFC). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 10 Wall Street Analysts endorse the stock as a Buy with a rating of 1.9.
Also, BTIG Research initiates coverage on Corporate Office Properties Trust (NYSE:OFC) The current rating of the shares is Buy. Equity Analysts at the Firm announces the price target to $33 per share. The rating by the firm was issued on August 25, 2016.
Corporate Office Properties Trust (NYSE:OFC): The stock opened at $28.59 on Thursday but the bulls could not build on the opening and the stock topped out at $28.65 for the day. The stock traded down to $28.26 during the day, due to lack of any buying support eventually closed down at $28.50 with a loss of -0.07% for the day. The stock had closed at $28.52 on the previous day. The total traded volume was 609,554 shares.
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.