JMP Securities cut shares of Equity Commonwealth (NYSE:EQC) from an outperform rating to a market perform rating in a report published on Wednesday, BenzingaRatingsTable reports.
Several other equities research analysts have also recently issued reports on the stock. Zacks Investment Research upgraded shares of Equity Commonwealth from a hold rating to a strong-buy rating and set a $37.00 target price on the stock in a report on Tuesday, July 23rd. TheStreet upgraded shares of Equity Commonwealth from a c+ rating to a b rating in a report on Tuesday, April 30th.
Shares of EQC opened at $34.04 on Wednesday. The company has a market capitalization of $4.15 billion, a P/E ratio of 49.33 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. The firm has a 50 day moving average of $33.32 and a 200 day moving average of $32.78. Equity Commonwealth has a twelve month low of $28.48 and a twelve month high of $34.53.
About Equity Commonwealth
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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