In a report issued on November 27, Michael R Lewis from SunTrust Robinson reiterated a Hold rating on Camden Property Trust (CPT), with a price target of $96. The company’s shares opened today at $94.03, close to its 52-week high of $95.67.
According to TipRanks.com, Lewis is a 4-star analyst with an average return of 5.2% and a 65.9% success rate. Lewis covers the Financial sector, focusing on stocks such as Washington Real Estate Investment Trust, Apartment Investment & Management, and Easterly Government Properties.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Camden Property Trust with a $97.44 average price target.
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The company has a one-year high of $95.67 and a one-year low of $78.19. Currently, Camden Property Trust has an average volume of 540.2K.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock.
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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.
