Robert W. Baird analyst Dave Rodgers maintained a Buy rating on Piedmont Office (NYSE:PDM) on Monday, setting a price target of $23, which is approximately 28.92% above the present share price of $17.84.
Rodgers expects Piedmont Office to post earnings per share (EPS) of $0.09 for the fourth quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Piedmont Office, with an average price target of $23.
The analysts price targets range from a high of $23 to a low of $23.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $131.07 million and a net profit of $21.41 million. The company's market cap is $2.32 billion.
According to TipRanks.com, Robert W. Baird analyst Dave Rodgers is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 11.3% and a 75.58% success rate.
Piedmont Office Realty Trust, Inc. engages in the owning, managing, operating, leasing, acquiring, developing, investing in, and disposing of office real estate assets. . Its activities include acquisition, investment, development, management, disposing, and ownership of commercial real estate properties throughout the United States. The company was founded on July 3, 1997 and is headquartered in Atlanta, GA.