Morgan Stanley (NYSE:MS) analyst Vikram Malhorta maintained a Sell rating on Office Properties Income (NASDAQ:OPI) Trust on Monday, setting a price target of $21, which is approximately 10.94% below the present share price of $23.58.
Malhorta expects Office Properties Income Trust to post earnings per share (EPS) of -$0.08 for the fourth quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Hold rating of shares in Office Properties Income, with an average price target of $27.67.
The analysts price targets range from a high of $38 to a low of $21.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $145.81 million and a net profit of $26.48 million. The company's market cap is $1.14 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 -0.7% and a 53.85% 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.