Camden Property Trust Given New $83.00 Price Target at Barclays Capital (CPT)
Camden Property Trust (NYSE: CPT) had its price target raised by Barclays Capital from $81.00 to $83.00 in a research report released on Wednesday morning. Barclays Capital currently has an overweight rating on the stock.
A number of other firms have also recently commented on CPT. Analysts at Imperial Capital raised their price target on shares of Camden Property Trust from $75.00 to $76.00 in a research note to investors on Monday, February 4th. They now have an outperform rating on the stock. Separately, analysts at KeyBanc downgraded shares of Camden Property Trust from a hold rating to an underweight rating in a research note to investors on Thursday, January 10th. Finally, analysts at KeyBanc downgraded shares of Camden Property Trust from a hold rating to an underweight rating in a research note to investors on Thursday, January 10th.
One research analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. The stock has an average rating of Hold and an average target price of $75.50.
Camden Property Trust (NYSE: CPT) traded up 0.87% on Wednesday, hitting $69.80. Camden Property Trust has a 52-week low of $68.99 and a 52-week high of $70.60. The stock’s 50-day moving average is currently $69.. The company has a market cap of $5.897 billion and a price-to-earnings ratio of 20.95.
Camden Property Trust is a real estate investment trust (NYSE: CPT) engaged in the ownership, development, construction and management of multifamily apartment communities.
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