Short Term Rating on Cousins Properties Incorporated (CUZ)

Cousins Properties Incorporated (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 (CUZ) : The most positive equity analysts on Cousins Properties Incorporated (CUZ) expects the shares to touch $12, whereas, the least positive believes that the stock will trade at $11 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $11.13 with an expected fluctuation of $0.63 from the mean.

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


Cousins Properties Incorporated (NYSE:CUZ): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.63 and $10.58 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $10.79. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.76, notching a gain of 1.61% for the day. The total traded volume was 2,119,894 . The stock had closed at $10.59 on the previous day.

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.