Cousins Properties Inc (CUZ) Receives $10.13 Consensus PT from Brokerages
Cousins Properties Inc (NYSE:CUZ) has received a consensus recommendation of “Buy” from the seven ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $10.13.
CUZ has been the topic of a number of analyst reports. Zacks Investment Research cut shares of Cousins Properties from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. ValuEngine cut shares of Cousins Properties from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. SunTrust Banks set a $10.00 price objective on shares of Cousins Properties and gave the company a “buy” rating in a research report on Wednesday, February 14th. Finally, Bank of America upgraded shares of Cousins Properties from a “neutral” rating to a “buy” rating and set a $10.00 price objective on the stock in a research report on Monday, December 4th.
Cousins Properties (NYSE CUZ) opened at $8.39 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.02 and a current ratio of 2.02. Cousins Properties has a 1 year low of $7.81 and a 1 year high of $9.63. The firm has a market cap of $3,523.72, a price-to-earnings ratio of 16.45, a price-to-earnings-growth ratio of 4.57 and a beta of 1.02.
Several hedge funds and other institutional investors have recently bought and sold shares of CUZ. Signition LP bought a new position in shares of Cousins Properties in the fourth quarter worth about $116,000. Zeke Capital Advisors LLC bought a new position in shares of Cousins Properties in the third quarter worth about $126,000. BlueCrest Capital Management Ltd bought a new position in shares of Cousins Properties in the fourth quarter worth about $141,000. Vident Investment Advisory LLC bought a new position in shares of Cousins Properties in the fourth quarter worth about $158,000. Finally, HRT Financial LLC bought a new position in shares of Cousins Properties in the fourth quarter worth about $193,000.
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About Cousins Properties
Cousins Properties Incorporated is a self-administered and self-managed real estate investment trust. The Company’s segments include Office, Mixed-Use, Other, Atlanta, Austin, Charlotte, Orlando, Tampa, Phoenix and Other. It develops, acquires, leases, manages and owns primarily Class A office properties and opportunistic mixed-use developments in Sunbelt markets with a focus on Georgia, Texas and North Carolina.
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