Cousins Properties Inc (NYSE:CUZ) has been upgraded to Hold in a statement by Stifel Nicolaus earlier today.
- Updated: October 17, 2016
Stifel Nicolaus has upgraded Cousins Properties Inc (NYSE:CUZ) to Hold in a statement released on 10/17/2016.
Boasting a price of $7.57, Cousins Properties Inc (NYSE:CUZ) traded 1.15% higher on the day. The last closing price is down -24.38% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $10.16 and a 200-day moving average of $10.46. 4,283,588 shares of the stock were exchanged, up from an average trading volume of 3,471,400
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Cousins Properties Inc has a 52 week low of $7.19 and a 52 week high of $11.40 with a P/E ratio of 11.95 The company’s market cap is currently $0.
General Information About Cousins Properties Inc (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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