Evercore ISI analyst Steve Sakwa reiterated a Buy rating on Corporate Office Properties (NYSE:OFC) Trust on Monday, setting a price target of $32, which is approximately 15.61% above the present share price of $27.68.
Sakwa expects Corporate Office Properties Trust to post earnings per share (EPS) of $0.24 for the fourth quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Corporate Office Properties, with an average price target of $31.67.
The analysts price targets range from a high of $32 to a low of $31.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $174.64 million and a net profit of $43.31 million. The company's market cap is $3.11 billion.
According to TipRanks.com, Evercore ISI analyst Steve Sakwa is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 3.8% and a 64.24% success rate.
Corporate Office Properties Trust, Inc. is a real estate investment trust, which acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded in 1988 and is headquartered in Columbia, MD.