First Potomac Realty Trust (NYSE:FPO) has been upgraded to Buy in a statement by Stifel Nicolaus earlier today.
- Updated: September 28, 2016
Stifel Nicolaus has upgraded First Potomac Realty Trust (NYSE:FPO) to Buy in a statement released on 9/28/2016.
Having a price of $9.38, First Potomac Realty Trust (NYSE:FPO) traded 1.96% higher on the day. With the last stock price up 1.33% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. FPO has recorded a 50-day average of $9.63 and a two hundred day average of $9.26. Trade Volume was down over the average, with 138,355 shares of FPO changing hands under the typical 231,716
Recent Performance Chart
First Potomac Realty Trust has with a one year low of $7.90 and a one year high of $12.11 and has a market capitalization of $0.
General Company Details For First Potomac Realty Trust (NYSE:FPO)
First Potomac Realty Trust is engaged in the ownership, management, development and redevelopment of office and business park properties in the greater Washington, D.C. region. The Company's segments include Washington, D.C., Maryland, Northern Virginia and Southern Virginia. It conducts its business through First Potomac Realty Investment Limited Partnership, the Company's operating partnership (the Operating Partnership). The Company is the sole general partner of, and owns the preferred interest and approximately 95.7% of the common interest in the Operating Partnership. The Company's portfolio consist a mix of single-tenant and multi-tenant office properties and business parks. The office properties are single-story and multi-story buildings that are primarily for office uses, and business parks consists of buildings with office features combined with some industrial property space. It also owns land that can support approximately 1.3 million square feet of additional development.
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