Scotiabank analyst Nicholas Yulico maintained a Hold rating on Hudson Pacific Properties (HPP – Research Report) today and set a price target of $8.00. The company’s shares closed yesterday at $8.19.
According to TipRanks, Yulico is a 2-star analyst with an average return of 0.2% and a 52.29% success rate. Yulico covers the Real Estate sector, focusing on stocks such as Hudson Pacific Properties, Boston Properties, and AvalonBay.
Currently, the analyst consensus on Hudson Pacific Properties is a Moderate Buy with an average price target of $9.99.
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Based on Hudson Pacific Properties’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $231.44 million and a GAAP net loss of $33.07 million. In comparison, last year the company earned a revenue of $260.35 million and had a GAAP net loss of $12.01 million
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Hudson Pacific Properties (HPP) Company Description:
Hudson Pacific Properties, Inc. is a real estate company. It owns, operates, develops and acquires office, media, and entertainment properties. The company operates through two segments: Office Properties and Studio Properties. The Office Properties segment manages office properties located in California and Pacific Northwest. The Studio Properties segment primarily used for the physical production of media content, such as television programs, feature films, commercials, music videos and photographs. Hudson Pacific Properties was founded by Victor J. Coleman on November 9, 2009 and is headquartered in Los Angeles, CA.
Read More on HPP:
- Hudson Pacific price target raised to $5.25 from $4.50 at BofA
- Hudson Pacific price target raised to $13 from $12 at BMO Capital
- Hudson Pacific upgraded to Buy from Hold at Jefferies
- Hudson Pacific price target raised to $13 from $11 at BTIG
- Hudson Pacific price target raised to $8 from $4 at Morgan Stanley
