Jefferies (NYSE:JEF) analyst Peter Abramowitz maintained a Buy rating on Corporate Office Properties (NYSE:OFC) Trust on Monday, setting a price target of $29, which is approximately 15.03% above the present share price of $25.21.
Abramowitz expects Corporate Office Properties Trust to post earnings per share (EPS) of $0.21 for the third quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Corporate Office Properties, with an average price target of $27.75.
The analysts price targets range from a high of $30 to a low of $24.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $145.8 million and a net profit of $41.48 million. The company's market cap is $2.83 billion.
According to TipRanks.com, Jefferies analyst Peter Abramowitz is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of -0.2% and a 50.00% success rate.
Corporate Office Properties Trust, Inc. is a real estate investment trust, which acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded in 1988 and is headquartered in Columbia, MD.