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Enter Symbol:
Corporate Office Properties Trust (OFC) [hlAlert]

down 16.75 %

Corporate Office Properties Trust (OFC) upgraded to Outperform by Wells Fargo

Posted on: Monday,  Jul 1, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Corporate Office Properties Trust (NYSE: OFC) on 07/01/2013, when the stock price was $26.20.
Since then, Corporate Office Properties Trust has lost 16.76% as of 01/13/2016's recent price of $21.81.
If you would have followed this Wells Fargo's recommendation on OFC, you would have lost 16.75% of your investment in 926 days.

Corporate Office Properties Trust (COPT) is a fully integrated and self-managed real estate investment trust (REIT) that focuses on customer relationships and tenant requirements in the United States Government, defense information technology and data sectors. The Company acquires, develops, manages and leases properties that are concentrated in large office parks primarily located adjacent to government demand drivers and/or in demographic markets possessing growth opportunities. During the year ended December 31, 2008, the Company acquired three office properties totaling 247,000 square feet that were 100% occupied (one located in Colorado Springs and two in San Antonio). In 2008, it had seven newly constructed properties totaling 528,000 square feet. It also placed into service 85,000 square feet in two partially operational properties.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/1/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -0.63 %
1 Month down  -6.76 %
3 Months down  -6.44 %
1 YTD down  -16.37 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2010 8:25 AM Hold

(*) Stock Price at the time of the recommendation.
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