Morgan Stanley (NYSE:MS) analyst Vikram Malhorta maintained a Sell rating on Office Properties Income (NASDAQ:OPI) Trust on Thursday, setting a price target of $23, which is approximately 13.24% below the present share price of $26.51.
Malhorta expects Office Properties Income Trust to post earnings per share (EPS) of $0.23 for the second quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Office Properties Income, with an average price target of $30.5.
The analysts price targets range from a high of $43 to a low of $24.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $149.89 million and a net profit of $30.13 million. The company's market cap is $1.23 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 -5.0% and a 45.61% success rate.
Office Properties Income Trust owns, operates and leases office buildings to single tenants and multi-tenant buildings. The company was founded on February 17, 2009 and is headquartered in Newton, MA.