Hudson Pacific Properties Inc (NYSE:HPP) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 6, 2016
Only yesterday Hudson Pacific Properties Inc (NYSE:HPP) traded 0.38% higher at $31.99. The company’s 50-day moving average is $32.90 and its 200-day moving average is $30.64. With the last stock price close up 4.79% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Trade Volume was down over the average, with 536,992 shares of HPP changing hands under the typical 1,100,730
Zacks Investment Research has downgraded Hudson Pacific Properties Inc (NYSE:HPP) to Hold in a report released on Thursday October 06, 2016.
Previously on 10/05/2016, Zacks Investment Research released a statement about Hudson Pacific Properties Inc (NYSE:HPP) upped the target price from $0.00 to $36.00 that indicated a possible upside of 0.11%.
Recent Performance Chart
Hudson Pacific Properties Inc has a with a one year low of $22.77 and a one year high of $34.38 Hudson Pacific Properties Inc’s market capitalization is currently $0.
A total of 9 analysts have released a report on Hudson Pacific Properties Inc. 2 brokerages rating the stock a strong buy, 5 firms rating the stock a buy, three analysts rating the company a hold, zero brokerages rating the stock a underperform, and finally zero analysts rating the stock a sell with a average stock price target of $33.78.
Brief Synopsis About Hudson Pacific Properties Inc (NYSE:HPP)
Hudson Pacific Properties, Inc. is a full-service, vertically integrated real estate investment trust (REIT). The Company is focused on owning, operating and acquiring office, and media and entertainment properties in select growth markets primarily in Northern and Southern California, and the Pacific Northwest. It operates in two segments: office properties, and media and entertainment properties. Its investment strategy is focused on high barrier-to-entry, in-fill locations with favorable, long-term supply demand characteristics in select markets, including Los Angeles, Orange County, San Diego, San Francisco, Silicon Valley and Seattle. Its portfolio includes office properties, comprising an aggregate of approximately 14.0 million square feet, and media and entertainment properties, comprising over 0.9 million square feet of sound-stage, office and supporting production facilities. It also owns undeveloped density rights for over 2.6 million square feet of future office space.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.