A statement released earlier today by Stifel about Cousins Prop (NYSE:CUZ) bumps down the target price to $8.00
- Updated: October 18, 2016
Stating a potential upside of 0.01%, Stifel dropped the price target of Cousins Prop (NYSE:CUZ) to $8.00
Having a price of $7.91, Cousins Prop (NYSE:CUZ) traded 1.15% higher on the day. With the last close down -24.38% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Cousins Prop has recorded a 50-day average of $10.16 and a two hundred day average of $10.46. Volume of trade was up over the average, with 4,283,588 shares of CUZ changing hands over the typical 3,471,400
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Cousins Prop has a one year low of $7.19 and a one year high of $11.40 with a P/E ratio of 11.95 The company’s market cap is currently $0.
General Information About Cousins Prop (NYSE:CUZ)
Cousins Properties Incorporated (Cousins) is a self-administered and self-managed real estate investment trust (REIT). The Company focuses on development, acquisition, leasing and property management. The Company's investment strategy is to purchase Class A office assets or locate opportunistic development or redevelopment projects in its core markets to which it can add value through relationships, capital, or market expertise. The Company's segments include Office, Retail, Land and Other. The Company's segments by property type are Office, Mixed Use and Other. The Company's segments by geographical region are Atlanta, Houston, Austin, Charlotte and Other. The Company invests in Class-A office towers and mixed-use developments in Sunbelt markets, including Atlanta, Austin, Charlotte, Dallas and Houston.
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