Stocks Under Scanner in the REIT Space -- Piedmont Office Realty Trust, Alexandria Real Estate Equities, Boston Properties, and CoreSite Realty
NEW YORK, September 28, 2017 /PRNewswire/ --
If you want a Stock Review on PDM, ARE, BXP, or COR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. On Wednesday, September 27, 2017, the NASDAQ Composite ended the trading session at 6,453.26, up 1.15%; the Dow Jones Industrial Average edged 0.25% higher, to finish at 22,340.71; and the S&P 500 closed at 2,507.04, slightly advancing 0.41%. Gains were broad based as six out of nine sectors ended the day in positive. This Thursday, DailyStockTracker.com has initiated reports coverage on the following REIT - Office equities: Piedmont Office Realty Trust Inc. (NYSE: PDM), Alexandria Real Estate Equities Inc. (NYSE: ARE), Boston Properties Inc. (NYSE: BXP), and CoreSite Realty Corp. (NYSE: COR). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at: http://dailystocktracker.com/register/
Piedmont Office Realty Trust
Johns Creek, Georgia-based Piedmont Office Realty Trust Inc.'s stock finished Wednesday's session 0.84% lower at $20.17. A total volume of 657,618 shares was traded, which was above its three months average volume of 646.10 thousand shares. The Company's shares have advanced 1.15% in the last one month. The stock is trading below its 50-day moving average by 0.89%. Additionally, shares of Piedmont Office Realty Trust, which invests in real estate markets of the US, have a Relative Strength Index (RSI) of 46.25.
On August 28th, 2017, research firm Robert W. Baird upgraded the Company's stock rating from 'Neutral' to 'Outperform' while revising its previous target price from $23 a share to $24 a share. Sign up and read the free research report on PDM at: http://dailystocktracker.com/registration/?symbol=PDM
Alexandria Real Estate Equities
On Wednesday, shares in Pasadena, California-based Alexandria Real Estate Equities Inc. recorded a trading volume of 626,569 shares, which was above its three months average volume of 593.27 thousand shares. The stock ended the session 1.34% lower at $117.56. The Company's shares have advanced 5.79% on an YTD basis. The stock is trading above its 200-day moving average by 1.41%. Moreover, shares of Alexandria Real Estate Equities, which engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry, have an RSI of 37.40. The complimentary research report on ARE can be downloaded at: http://dailystocktracker.com/registration/?symbol=ARE
Boston Properties
Massachusetts-based Boston Properties Inc.'s shares closed the day 0.75% lower at $122.82. The stock recorded a trading volume of 458,613 shares. The Company's shares have gained 2.14% in the last month. The stock is trading above its 50-day moving average by 1.44%. Additionally, shares of Boston Properties, which together with its subsidiaries, engages in the ownership and development of office properties, have an RSI of 55.42. Register for free on DailyStockTracker.com and access the latest report on BXP at: http://dailystocktracker.com/registration/?symbol=BXP
CoreSite Realty
Shares in Denver, Colorado headquartered CoreSite Realty Corp. finished 0.73% higher at $109.81. The stock recorded a trading volume of 503,790 shares. The Company's shares have advanced 42.70% over the last twelve months and 38.35% on an YTD basis. The stock is trading above its 200-day moving average by 12.83%. Furthermore, shares of CoreSite Realty, which engages in the ownership, acquisition, construction, and management of data centers, have an RSI of 42.32.
On September 25th, 2017, research firm JP Morgan initiated a 'Neutral' rating on the Company's stock, with a target price of $118 per share. Get free access to your research report on COR at: http://dailystocktracker.com/registration/?symbol=COR
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