Stifel disclosed Cousins Prop (NYSE:CUZ), reducing its stock price target to $9.50 today
- Updated: September 28, 2016
In a report released on 09/29/2016 Stifel lowered the stock price target of Cousins Prop (NYSE:CUZ) from $11.50 to $9.50 stating a potential downside of -0.12%.
Previously on 8/17/2016, Robert W. Baird reported about Cousins Prop (NYSE:CUZ) raised the target price from $0.00 to $11.00 that suggested an upside of 0.05%.
Displaying a price of $10.80, Cousins Prop (NYSE:CUZ) traded 3.25% higher on the day. With the last close up 2.29% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. The company has recorded a 50-day moving average of $10.76 and a two hundred day average of $10.56. Volume of trade was down over the average, with 1,719,461 shares of CUZ changing hands under the typical 1,971,490
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With a total market value of $0, Cousins Prop has price-earnings ratio of 16.31 with a one year low of $7.53 and a one year high of $11.40 .
Brief Synopsis On Cousins Prop (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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