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Post Properties (NYSE:PPS)’s share price reached a new 52-week high during mid-day trading on Thursday , Analyst Ratings Network.com reports. The company traded as high as $55.75 and last traded at $55.55, with a volume of 98,277 shares. The stock had previously closed at $55.16.

A number of research firms have recently commented on PPS. Analysts at Barclays raised their price target on shares of Post Properties from $50.00 to $53.00 in a research note on Monday. They now have an “equal weight” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Post Properties from $47.00 to $51.00 in a research note on Wednesday, July 9th. They now have a “hold” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Post Properties from $50.00 to $52.00 in a research note on Friday, June 20th. They now have a “neutral” rating on the stock. Eight research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $51.34.

The stock has a 50-day moving average of $53. and a 200-day moving average of $50.15. The company has a market cap of $3.016 billion and a price-to-earnings ratio of 29.98.

Post Properties (NYSE:PPS) last released its earnings data on Monday, April 28th. The company reported $0.64 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.30 by $0.34. The company had revenue of $93.50 million for the quarter, compared to the consensus estimate of $92.49 million. During the same quarter in the prior year, the company posted $0.74 earnings per share. The company’s quarterly revenue was up 8.2% on a year-over-year basis. Analysts expect that Post Properties will post $2.44 EPS for the current fiscal year.

Post Properties, Inc is a self-administrated and self-managed equity real estate investment trust (NYSE:PPS).

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