Cousins Properties Incorporated (NYSE:CUZ – Get Rating) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as $26.23 and last traded at $26.23, with a volume of 843 shares. The stock had previously closed at $26.91.
Wall Street Analyst Weigh In
Several analysts recently commented on CUZ shares. Wells Fargo & Company cut their price objective on Cousins Properties from $33.00 to $31.00 and set an “overweight” rating for the company in a report on Tuesday, August 30th. Mizuho cut their price target on Cousins Properties from $41.00 to $31.00 and set a “neutral” rating for the company in a report on Wednesday, July 6th. Truist Financial cut their price target on Cousins Properties from $38.00 to $33.00 and set a “hold” rating for the company in a report on Thursday, June 30th. TheStreet lowered Cousins Properties from a “b-” rating to a “c+” rating in a report on Tuesday, June 28th. Finally, Barclays cut their price target on Cousins Properties from $48.00 to $43.00 and set an “overweight” rating for the company in a report on Wednesday, July 20th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $34.50.
Cousins Properties Stock Down 2.7 %
The company has a 50-day moving average price of $28.78 and a 200 day moving average price of $32.93. The firm has a market capitalization of $3.88 billion, a PE ratio of 13.47, a P/E/G ratio of 2.35 and a beta of 1.08. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.87 and a quick ratio of 0.87.
Hedge Funds Weigh In On Cousins Properties
Cousins Properties Company Profile
Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers located in high-growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets.
- Get a free copy of the StockNews.com research report on Cousins Properties (CUZ)
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