JMP Securities lowered shares of Equity Commonwealth (NYSE:EQC) from an outperform rating to a market perform rating in a research report sent to investors on Wednesday, BenzingaRatingsTable reports.
A number of other equities research analysts also recently weighed in on EQC. TheStreet upgraded Equity Commonwealth from a c+ rating to a b rating in a research report on Tuesday, April 30th. Zacks Investment Research upgraded Equity Commonwealth from a hold rating to a strong-buy rating and set a $37.00 target price for the company in a research report on Tuesday, July 23rd.
EQC traded up $0.15 during trading on Wednesday, reaching $34.01. The stock had a trading volume of 2,969 shares, compared to its average volume of 438,123. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 49.30 and a beta of 0.25. The company has a quick ratio of 86.78, a current ratio of 86.78 and a debt-to-equity ratio of 0.01. Equity Commonwealth has a 1-year low of $28.48 and a 1-year high of $34.53. The stock has a 50 day simple moving average of $33.24.
Equity Commonwealth Company Profile
Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. As of December 31, 2018, EQC's portfolio comprised 10 properties and 5.1 million square feet.
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