RBC Capital analyst Brad Heffern maintained a Buy rating on Camden Property (CPT – Research Report) on December 14 and set a price target of $103.00. The company’s shares closed yesterday at $98.95.
According to TipRanks, Heffern is a 5-star analyst with an average return of 10.7% and a 42.50% success rate.
In addition to RBC Capital, Camden Property also received a Buy from Mizuho Securities’s Haendel St. Juste in a report issued on December 11. However, yesterday, BMO Capital downgraded Camden Property (NYSE: CPT) to a Hold.
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The company has a one-year high of $122.60 and a one-year low of $81.97. Currently, Camden Property has an average volume of 957.5K.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CPT in relation to earlier this year.
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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 initiated with neutral view at Morgan Stanley, here’s why
- Camden Property price target lowered by $6 at Mizuho, here’s why
- Camden Property price target lowered to $122 from $132 at Truist
- Camden Property price target lowered to $110 from $111.50 at Stifel
- Camden Property price target lowered to $92 from $107 at Wells Fargo
