Impact of Brokerage Rating on Camden Property Trust(CPT)

Many Camden Property Trust(CPT) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Camden Property Trust was Downgraded by Barclays on Jan 23, 2017 to Equal Weight, Lowers Price Target to $ 83 from a previous price target of $89 .Camden Property Trust was Upgraded by BofA/Merrill to Buy on Nov 23, 2016.

Company has reported several Insider transactions to the SEC, on Jan 6, 2017, Kelvin R Westbrook (director) sold 426 shares at 85.22 per share price.On Jan 6, 2017, Steven A Webster (director) sold 1,320 shares at 85.22 per share price.On Jan 6, 2017, William B Mcguire (director) sold 1,008 shares at 85.22 per share price.

Camden Property Trust Last issued its quarterly earnings results on Feb 7, 2017. The company reported $1.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $1.14. The company had revenue of $217.14 million for the quarter, compared to analysts expectations of $217.74 million. The companys revenue was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.20 EPS.

Camden Property Trust (NYSE:CPT) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.87 by 15 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 12 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

Camden Property Trust (NYSE:CPT) stock has received a short term price target of $ 86.43 from 14 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $4.67. The higher estimate of target price is $95 , while the lower price target estimate is $80

Camden Property Trust (NYSE:CPT) witnessed a decline in the market cap on Tuesday as its shares dropped 0.36% or 0.29 points. After the session commenced at $81.17, the stock reached the higher end at $81.84 while it hit a low of $80.58. With the volume soaring to 1,145,942 shares, the last trade was called at $81.38. The company has a 52-week high of $90.91. The company has a market cap of $7,119 million and there are 87,479,764 shares in outstanding. The 52-week low of the share price is $71.71.

CAMDEN PROPERTY TRUST is a self-administered and self-managed real estate investment trust that is engaged in the ownership, development, acquisition, management, marketing and disposition of multi-family apartment communities in the Southwest and Mountain regions of the United States.


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