Morgan Stanley (NYSE:MS) analyst Vikram Malhorta maintained a Hold rating on Columbia Property (NYSE:CXP) Trust on Thursday, setting a price target of $14.5, which is approximately 12.49% above the present share price of $12.89.
Malhorta expects Columbia Property Trust to post earnings per share (EPS) of $0.05 for the second quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Columbia Property, with an average price target of $15.25.
The analysts price targets range from a high of $16 to a low of $14.5.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $76.25 million and a net profit of $9.78 million. The company's market cap is $1.57 billion.
According to TipRanks.com, Morgan Stanley analyst Vikram Malhorta is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -5.5% and a 46.15% success rate.
Columbia Property Trust, Inc. operates as a real estate investment trust. It own, operates and develops class-A office buildings in U.S. office markets, primarily in New York, San Francisco, Atlanta and Washington, D.C. The company was founded on July 3, 2003 and is headquartered in Atlanta, GA.