Equity Commonwealth (NYSE:EQC) target price raised to $32.00, issued a report today by RBC Capital Markets
- Updated: September 30, 2016
Yesterday Equity Commonwealth (NYSE:EQC) traded -0.78% lower at $30.45. The company’s 50-day moving average is $30.68 and its 200-day moving average is $29.17. The last closing price is up 4.37% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 863,527 shares of the stock were exchanged, down from an average trading volume of 952,348
Equity Commonwealth (NYSE:EQC) had its target price raised to $32.00 by RBC Capital Markets in a report released Friday September 30, 2016. The new target price indicates a possible upside of 0.05% based on the company's last closing price.
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Equity Commonwealth has a price-earnings ratio of 22.72 with a one year low of $25.23 and a one year high of $31.91 EQC’s total market value is presently $0.
Brief Synopsis About Equity Commonwealth (NYSE:EQC)
Equity Commonwealth is an internally managed and self-advised real estate investment trust (REIT). The Company is engaged in the ownership and operation of office buildings throughout the United States. It operates in central business district properties and suburban properties segment. The Company's portfolio includes approximately 60 properties (over 130 buildings) with a combined of approximately 24 million square feet. It leases its properties to over 1,000 tenants. Its properties include Parkshore Plaza, Leased Land/Vineyards, Sky Park Centre, Georgetown-Green and Harris Buildings, Executive Park, Cabot Business Park Land, Danac Stiles Business Park, East Eisenhower Parkway, North Point Office Complex, Raintree Industrial Park, Cherrington Corporate Center, Foster Plaza, Bridgepoint Parkway, Lakewood on the Park and Research Park. Its properties are located in Alabama, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Hawaii and Illinois, among others.
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