Camden Property Trust (CPT) has been under a strong bear grip, hence the stock is down -3.6% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.44% in the past 1 week. The 4-week change in the price of the stock is -3.81% and the stock has fallen -0.22% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.02% and the fifty day Moving Average is 1.16%. Camden Property Trust is up 2.01% in the last three month period. Year-to-Date the stock performance stands at 14.31%.
Camden Property Trust (CPT) : Average target price received by Camden Property Trust (CPT) is $87.85 with an expected standard deviation of $7.12. The most aggressive target on the stock is $101, whereas the most downbeat target is $75. 13 financial analysts are currently covering the stock.
Camden Property Trust (NYSE:CPT): On Fridays trading session , Opening price of the stock was $86.65 with an intraday high of $87.94. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $85.655. However, the stock managed to close at $86.18, a loss of 0.48% for the day. On the previous day, the stock had closed at $86.6. The total traded volume of the day was 733,680 shares.
Camden Property Trust is a real estate investment trust (REIT). The Company is engaged in the ownership, management, development, redevelopment, acquisition and construction of multifamily apartment communities. The Companies properties consist of mid-rise buildings or two and three story buildings in a landscaped setting and provide residents with various amenities common to multifamily rental properties. As of December 31, 2014, the Company owned interests in, operated or was developing 181 multifamily properties consisting of 63,163 apartment homes across the United States. The Companys properties include Camden Copper Square, Camden Montierra, Camden Sea Palms, Camden Tuscany, Camden Belleview Station, Camden Denver West, Camden Fallsgrove, Camden Summerfield, Camden Bay, Camden Brookwood and Camden Ballantyne, among others.