Mizuho downgraded Hudson Pacific Properties Inc (NYSE:HPP) to Neutral in a statement released earlier today.
- Updated: March 20, 2017
Having a price of $35.25, Hudson Pacific Properties Inc (NYSE:HPP) traded 2.38% higher on the day. With the last close up 3.45% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. The company has recorded a 50-day moving average of $35.28 and a 200-day moving average of $34.07. 2,470,515 shares of Hudson Pacific Properties Inc exchanged hands, up from an avg. volume of 1,553,240
Mizuho has downgraded Hudson Pacific Properties Inc (NYSE:HPP) to Neutral in a report released on 3/20/2017.
On 2/28/2017, Zacks Investment Research released a statement about Hudson Pacific Properties Inc (NYSE:HPP) increased the target price from $0.00 to $41.00 that suggested an upside of 0.12%.
Hudson Pacific Properties Inc has a 52 week low of $26.79 and a 52 week high of $36.75 with a P/E ratio of 140.44 The company’s market cap is currently $0.
In addition to Mizuho reporting its stock price target, a total of 9 brokers have issued a report on the company. The average stock price target is $33.78 with 2 firms rating the stock a strong buy, 5 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Hudson Pacific Properties Inc (NYSE:HPP)
Hudson Pacific Properties, Inc. is a real estate investment trust (REIT). The Company operates in two segments: office properties, and media and entertainment properties. The Company is focused on acquiring, repositioning, developing and operating office and media and entertainment properties in submarkets throughout Northern and Southern California and the Pacific Northwest. As of December 31, 2016, the Company's portfolio included office properties consisting of an aggregate of approximately 14.1 million square feet, and media and entertainment properties consisting of approximately 0.9 million square feet of sound-stage, office and supporting production facilities. As of December 31, 2016, the Company also owned undeveloped density rights for approximately 2.5 million square feet of future office and residential space. The Company's in-service office properties include stabilized office properties and lease-up office properties.
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