In a report released today, John Kim from BMO Capital maintained a Buy rating on Columbia Property Trust (CXP – Research Report), with a price target of $23. The company’s shares closed yesterday at $22.80.
According to TipRanks.com, Kim is a 4-star analyst with an average return of 4.8% and a 59.8% success rate. Kim covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Franklin Street Properties, and National Health Investors.
Currently, the analyst consensus on Columbia Property Trust is a Moderate Buy with an average price target of $23.
Columbia Property Trust’s market cap is currently $2.69B and has a P/E ratio of 953.97. The company has a Price to Book ratio of 0.96.
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Columbia Property Trust, Inc. functions as real estate investment trust. Its portfolio includes 16 office properties containing eight million square feet, concentrated in New York, San Francisco, Atlanta and Washington, D.C. The company was founded on July 3, 2003 and is headquartered in Atlanta, GA.