In a report released today, Alexander Goldfarb from Piper Sandler maintained a Sell rating on Camden Property (CPT – Research Report), with a price target of $90.00. The company’s shares closed yesterday at $100.53.
According to TipRanks, Goldfarb is a 3-star analyst with an average return of 1.4% and a 52.00% success rate. Goldfarb covers the Real Estate sector, focusing on stocks such as UDR, Eastgroup Properties, and Mid-America Apartment.
In addition to Piper Sandler, Camden Property also received a Sell from Wells Fargo’s James Feldman in a report issued yesterday. However, today, Scotiabank maintained a Hold rating on Camden Property (NYSE: CPT).
CPT market cap is currently $10.54B and has a P/E ratio of 26.64.
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Camden Property (CPT) Company Description:
Camden Property Trust operates as a real estate investment trust, which engages in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. It focuses on maintaining a geographically portfolio of apartment homes located across the U.S. The company was founded by Richard J. Campo and D. Keith Oden on May 25, 1993 and is headquartered in Houston, TX.
Read More on CPT:
- Camden Property Announces Executive Leadership Reshuffle
- Camden Property names Jessett president and CFO
- Camden Property price target raised to $114 from $113 at Truist
- Apartment Income downgraded to Market Perform from Outperform at BMO Capital
- Camden Property price target lowered to $113 from $121 at Truist
