Share on StockTwits

Equities research analysts at Capital One Financial Corp. initiated coverage on shares of Liberty Property Trust (NYSE:LPT) in a research note issued to investors on Tuesday. The firm set an “overweight” rating and a $38.00 price target on the stock. Capital One Financial Corp.’s price target would suggest a potential upside of 7.28% from the company’s current price.

A number of other firms have also recently commented on LPT. Analysts at BMO Capital Markets downgraded shares of Liberty Property Trust from an “outperform” rating to a “market perform” rating in a research note on Friday, August 22nd. They now have a $36.00 price target on the stock, down previously from $40.00. Separately, analysts at TheStreet downgraded shares of Liberty Property Trust to a “hold” rating in a research note on Monday, August 18th. Finally, analysts at Oppenheimer downgraded shares of Liberty Property Trust from an “outperform” rating to a “market perform” rating in a research note on Friday, July 25th. They now have a $42.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $39.36.

Liberty Property Trust (NYSE:LPT) opened at 35.42 on Tuesday. Liberty Property Trust has a 52-week low of $31.96 and a 52-week high of $40.17. The stock’s 50-day moving average is $35.88 and its 200-day moving average is $37.17. The company has a market cap of $5.246 billion and a P/E ratio of 25.95.

Liberty Property Trust (NYSE:LPT) last posted its quarterly earnings results on Tuesday, July 22nd. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by $0.02. The company had revenue of $193.00 million for the quarter, compared to the consensus estimate of $200.15 million. The company’s revenue for the quarter was up 27.8% on a year-over-year basis. Analysts expect that Liberty Property Trust will post $2.44 EPS for the current fiscal year.

Liberty Property Trust (NYSE:LPT) is a self-administered and self-managed Maryland real estate investment trust (REIT).

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.