Cousins Properties Incorporated (CUZ) : Zacks Investment Research ranks Cousins Properties Incorporated (CUZ) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2.6, which indicates as a Hold.
Cousins Properties Incorporated (CUZ) stock is expected to deviate a maximum of $0.48 from the average target price of $11.38 for the short term period. 4 Street Experts have initiated coverage on the stock with the most promising target being $12 and the most muted being $11.
Also, Equity Analysts at the Baird downgrades the rating on Cousins Properties Incorporated (NYSE:CUZ). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Outperform. The rating by the firm was issued on August 17, 2016.
Cousins Properties Incorporated (NYSE:CUZ): After opening at $10.81, the stock dipped to an intraday low of $10.79 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $10.88 and the buying power remained strong till the end. The stock closed at $10.86 for the day, a gain of 0.46% for the day session. The total traded volume was 2,523,010. The stocks close on the previous trading day was $10.81.
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.