CapitalOne upgraded Liberty Prop (NYSE:LPT) from Equal Weight to Overweight in a report released today.
- Updated: October 4, 2016
Yesterday Liberty Prop (NYSE:LPT) traded -1.66% lower at $39.68. The company’s 50-day moving average is $40.53 and its 200-day moving average is $38.05. The last stock close price is up 4.27% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 762,461 shares of the stock were exchanged, down from an average trading volume of 839,755
CapitalOne has upgraded Liberty Prop (NYSE:LPT) from Equal Weight to Overweight in a report released on 10/4/2016.
Previously on 09/06/2016, Morgan Stanley reported about Liberty Prop (NYSE:LPT) raised the target price from $0.00 to $38.00. At the time, this indicated a possible downside of -0.09%.
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Liberty Prop has a 52 week low of $26.94 and a 52 week high of $42.26 with a P/E ratio of 21.05 The company’s market cap is currently $0.
In addition to CapitalOne reporting its target price, a total of 9 firms have reported on the stock. The consensus target price is $32.17 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 12 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
About Liberty Prop (NYSE:LPT)
Liberty Property Trust is a real estate investment trust. The Company's operations are primarily conducted by its subsidiary, Liberty Property Limited Partnership. Its segments include Carolinas; Chicago/Milwaukee; Houston, Lehigh/Central PA; Minnesota; Orlando; Philadelphia; Richmond/Hampton Roads; Southeastern PA; South Florida; Tampa; United Kingdom, and Other, which includes Arizona, Atlanta, Cincinnati/Columbus/Indianapolis, Dallas, Maryland, New Jersey, Northern Virginia, Southern California, Washington D.C. and other segments. The Company provides leasing, property management, development and other tenant-related. The Company's industrial properties consist of a range of warehouse, distribution, service, assembly, light manufacturing, and research and development facilities. Its office properties consist of metro-office buildings and multi-story and single-story office buildings located principally in suburban mixed-use developments or office parks.
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