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Enter Symbol:
Rating: OFC
Buy $42

Ferris Baker Watts rated Corporate Office Properties Trust (NYSE: OFC) to Buy with price target $42

Thursday,  May 8, 2008  10:25 AM ET by Kristen Bailey

Ferris Baker Watts rated Corporate Office Properties
Trust (NYSE: OFC) to Buy with price target $42 with today's price of $38.13.

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.

Ferris, Baker Watts, Incorporated is the largest full-service investment banking firm headquartered in Washington, DC. The company is a member of the New York Stock Exchange and SIPC, and is wholly-owned by its employees. The company is a dynamic force in investment banking serving clients throughout the mid-Atlantic region. Our firm is committed to providing a comprehensive range of professional products and services to meet the needs of individual investors as well as corporations and institutions.



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