Zacks Investment Research disclosed Hudson Pacific Properties Inc (NYSE:HPP), bumping up its stock price target to $36.00 earlier today
- Updated: October 9, 2016
Boasting a price of $32.31, Hudson Pacific Properties Inc (NYSE:HPP) traded 0.47% higher on the day. With the last stock price close up 5.21% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Hudson Pacific Properties Inc has recorded a 50-day average of $32.89 and a two hundred day average of $30.66. Volume of trade was down over the average, with 826,598 shares of HPP changing hands under the typical 1,106,990
Zacks Investment Research bumped up the target of Hudson Pacific Properties Inc (NYSE:HPP) to $36.00 stating a potential upside of 0.11%.
On 8/25/2016, BTIG Research released a statement for Hudson Pacific Properties Inc (NYSE:HPP) bumped up the target price from $0.00 to $38.00 that suggested an upside of 0.15%.
With a total market value of $0, Hudson Pacific Properties Inc has with a one year low of $22.77 and a one year high of $34.38 .
A total of 9 equity analysts have released a ratings update on HPP. Two equity analysts rating the company a strong buy, five equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year 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.
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