The leading market experts have placed a mean price target of $30.17 on Corporate Office Properties Trust (NYSE:OFC) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.51 a share for the upcoming quarter and $2.01 for the current fiscal.
The technical analysis of Corporate Office Properties Tru plainly substantiates that the 50-day moving average of Corporate Office Properties Tru is $29.25, and stock is trading $-0.73 points away or -2.50% from its 50-day moving average of $29.25. Further it is trading $1.70 or +6.34% away its 200-day moving average of $26.82. Corporate Office Properties Trust (NYSE:OFC) 52-week high is $30.55 and the 52-week low is $19.52.
This explains if the stock moves $-2.03, it will post a 52-week high. In event of +46.11% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Corporate Office Properties Tru, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Corporate Office Properties Trust (NYSE:OFC) ratio came in at 28.69.
The stock last ended the trading session at $28.52 and registered a market cap of $2.69B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Corporate Office Properties Trust (NYSE:OFC) PEG ratio is at 5.96.
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