Wells Fargo Maintains Their Hold Rating on Camden Property Trust (CPT)


Wells Fargo analyst Jeffrey Donnelly maintained a Hold rating on Camden Property Trust (CPT) today. The company’s shares opened today at $99.25, close to its 52-week high of $99.96.

According to TipRanks.com, Donnelly is a 3-star analyst with an average return of 5.0% and a 62.3% success rate. Donnelly covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Hersha Hospitality Trust, and Host Hotels & Resorts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Camden Property Trust with a $100.71 average price target, implying a 1.5% upside from current levels. In a report issued on February 5, Citigroup also maintained a Hold rating on the stock with a $100 price target.

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The company has a one-year high of $99.96 and a one-year low of $78.19. Currently, Camden Property Trust has an average volume of 604.2K.

Based on the recent corporate insider activity of 35 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.

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