In a report released yesterday, Richard Anderson from Mizuho Securities reiterated a Hold rating on Camden Property Trust (NYSE: CPT), with a price target of $93. The company’s shares closed on Friday at $93.85, close to its 52-week high of $96.39.
According to TipRanks.com, Anderson is a 4-star analyst with an average return of 6.3% and a 73.3% success rate. Anderson covers the Financial sector, focusing on stocks such as Apartment Investment & Management, First Industrial Realty Trust, and Hudson Pacific Properties.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Camden Property Trust with a $97.17 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $96.39 and a one-year low of $78.19. Currently, Camden Property Trust has an average volume of 523.5K.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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 diverse portfolio of apartment homes located across the U.S. The company was founded by Richard J. Campo and D.
