Barclays Capital announced Camden Property Trust CPT (NYSE:CPT), boosting its stock price target to $85.00 today
- Updated: April 20, 2017
Having a price of $81.99, Camden Property Trust CPT (NYSE:CPT) traded -0.09% lower on the day. With the last close up 1.53% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. CPT has recorded a 50-day average of $81.14 and a two hundred day average of $80.93. Trade Volume was down over the average, with 426,157 shares of CPT changing hands under the typical 572,750
In a report released on 4/20/2017 Barclays Capital increased the stock price target of Camden Property Trust CPT (NYSE:CPT) from $84.00 to $85.00 reporting a potential upside of 0.04%.
On 3/30/2017, RBC Capital Markets released a statement on Camden Property Trust CPT (NYSE:CPT) upped the target price from $0.00 to $90.00 that suggested an upside of 0.12%.
Recent Performance Chart
Camden Property Trust CPT has PE ratio of 9.08 with a one year low of $75.36 and a one year high of $90.91 and has a market capitalization of $0.
A total of 21 analysts have released a report on Camden Property Trust CPT. Three analysts rating the company a strong buy, four analysts rating the company a buy, thirteen analysts rating the company a hold, two analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $85.29.
General Company Details For Camden Property Trust CPT (NYSE:CPT)
Camden Property Trust is a real estate investment trust (REIT). The Company is engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. As of December 31, 2016, the Company owned interests in, operated, or were developing 159 multifamily properties, which consisted of 55,366 apartment homes across the United States. The Company also owns land holdings, which it may develop into multifamily communities. The Company's properties consist of mid-rise buildings or two and three story buildings in a landscaped setting and provide residents with a range of amenities common to multifamily rental properties. The 152 operating properties in which the Company owned interests and operated, as of December 31, 2016, averaged 953 square feet of living area per apartment home. As of December 31, 2016, 137 of its operating properties had over 200 apartment homes.
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