Columbia Property Trust, Inc. (CXP) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the volatile price range of $25.72–$26.97 in the past one-month time frame.
This equity real estate investment trust witnessed no estimate revisions over the past 30 days. The Zacks Consensus Estimate hasn’t been in trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Columbia Property Trust carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the same sector include CatchMark Timber Trust, Inc. (CTT), Cousins Properties Incorporated (CUZ) and Douglas Emmett Inc. (DEI). All these stocks hold a Zacks Rank #2 (Buy).
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COLUMBIA PROPERTY TRUST INC (CXP): Free Stock Analysis Report
CATCHMARK TIMBER TRUST INC (CTT): Free Stock Analysis Report
COUSINS PPTYS INC (CUZ): Free Stock Analysis Report
DOUGLAS EMMETT INC (DEI): Free Stock Analysis Report
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