Analyst Rating Update on Hudson Pacific Properties (HPP)

Hudson Pacific Properties (NYSE:HPP) : 7 analysts are covering Hudson Pacific Properties (NYSE:HPP) and their average rating on the stock is 1.64, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Hudson Pacific Properties (NYSE:HPP) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 2 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Hudson Pacific Properties (NYSE:HPP) : Currently there are 6 street experts covering Hudson Pacific Properties (NYSE:HPP) stock. The most bullish and bearish price target for the stock is $37 and $28 respectively for the short term. The average price target of all the analysts comes to $34. The estimated standard deviation from the target is $3.46.

For the current week, the company shares have a recommendation consensus of Buy.

Hudson Pacific Properties (NYSE:HPP): stock turned positive on Tuesday. Though the stock opened at $28, the bulls momentum made the stock top out at $28.15 level for the day. The stock recorded a low of $27.73 and closed the trading day at $28.04, in the green by 1.26%. The total traded volume for the day was 810,361. The stock had closed at $27.69 in the previous days trading.

In an insider trading activity, Glaser Jonathan M, director of Hudson Pacific Properties, Inc., had purchased 3,000 shares on May 19, 2016. The total value of the transaction was $80,640. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Hudson Pacific Properties, Inc. is a real estate investment trust (REIT). The Company is a real estate company focused on owning, operating and acquiring office properties and media and entertainment properties in markets in Northern and Southern California and the Pacific Northwest. Its portfolio includes office properties, comprising approximately 5.9 million square feet, and media and entertainment properties, comprising approximately 0.9 million square feet of sound-stage, office and supporting production facilities. Its segments include office properties and media and entertainment properties. The Companys office properties include First & King, Met Park North, Northview, Rincon Center, 275 Brannan Street, 901 Market Street, Del Amo Office Building, 6922 Hollywood, 10900 Washington and 3401 Exposition, among others. Its media and entertainment properties segment includes two properties, the Sunset Gower property and the Sunset Bronson property.

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