Barclays Sticks to Its Buy Rating for Hudson Pacific Properties (HPP)

In a report issued on October 12, Ross L Smotrich from Barclays maintained a Buy rating on Hudson Pacific Properties (NYSE: HPP), with a price target of $37. The company’s shares closed on Friday at $30.63.

According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 6.8% and a 62.2% success rate. Smotrich covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate Investment, Apartment Investment & Management, and Safety Income & Growth Inc.

Hudson Pacific Properties has an analyst consensus of Moderate Buy, with a price target consensus of $36.

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Hudson Pacific Properties’ market cap is currently $4.77B and has a P/E ratio of 44.39. The company has a Price to Book ratio of 1.31.

Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is neutral on the stock.

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Hudson Pacific Properties, Inc. is areal estate company. It owns, operates, develops and acquires office, media, and entertainment properties. The company operates through two segments: Office Properties and Media & Entertainment Properties. The Office Properties segment manages office properties located in California and Pacific Northwest.