Cousins Properties Incorporated (NYSE:CUZ) : Average target price received by Cousins Properties Incorporated (NYSE:CUZ) is $11.13 with an expected standard deviation of $0.63. The most aggressive target on the stock is $12, whereas the most downbeat target is $11. 4 financial analysts are currently covering the stock.
Other Equity analysts have also commented on the company shares. Equity Analysts at the Baird upgrades the rating on Cousins Properties Incorporated (NYSE:CUZ). The brokerage firm has issued a Outperform rating on the shares. The shares were previously rated Neutral. The rating by the firm was issued on January 7, 2016.
Cousins Properties Incorporated (NYSE:CUZ): stock turned positive on Thursday. Though the stock opened at $10.38, the bulls momentum made the stock top out at $10.53 level for the day. The stock recorded a low of $10.32 and closed the trading day at $10.52, in the green by 2.24%. The total traded volume for the day was 2,347,558. The stock had closed at $10.29 in the previous days trading.
The company shares have dropped -2.28% from its 1 Year high price. On Jun 9, 2016, the shares registered one year high at $11.07 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $10.65 and the 200 Day Moving Average price is recorded at $9.70. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the CEO of Cousins Properties Inc, Gellerstedt Lawrence L Iii, had purchased 11,750 shares in a transaction dated on February 17, 2016. The transaction was executed at $8.48 per share with total amount equaling $99,640.
Cousins Properties Incorporated (Cousins) is a self-administered and self-managed real estate investment trust (REIT). Cousins Real Estate Corporation (CREC) is an entity wholly owned by Cousins. Cousins, CREC, Cousins TRS Services LLC (CTRS) and their subsidiaries (collectively, the Company) develop, acquire, lease, manage and own primarily Class A office properties and opportunistic mixed-use developments in Sunbelt markets with a focus on Georgia, Texas and North Carolina. It operates its business in four segments: Office, Retail, Land and Other. The Companys portfolio of real estate assets consists of interests in approximately 15.7 million square feet of office space, 80,000 square feet of retail space and 404,000 square feet (443 units) of apartments. It has ownership interests in various properties, including Greenway Plaza, Post Oak Central, 2100 Ross Avenue, 816 Congress and Promenade, among others. Its portfolio includes around 16 operating office properties.