Analyst Price Target is $31.75
▼ -2.37% Downside Potential
This price target is based on 8 analysts offering 12 month price targets for COPT Defense Properties in the last 3 months. The average price target is $31.75, with a high forecast of $38.00 and a low forecast of $25.00. The average price target represents a -2.37% upside from the last price of $32.52.
Current Consensus is
Moderate Buy
The current consensus among 8 polled investment analysts is to moderate buy stock in COPT Defense Properties. This rating has held steady since December 2023, when it changed from a Buy consensus rating.
COPT Defense, an S&P MidCap 400 Company, is a self-managed REIT focused on owning, operating and developing properties in locations proximate to, or sometimes containing, key U.S. Government (USG) defense installations and missions (referred to as its Defense/IT Portfolio). The Company's tenants include the USG and their defense contractors, who are primarily engaged in priority national security activities, and who generally require mission-critical and high security property enhancements. As of December 31, 2023, the Company's Defense/IT Portfolio of 190 properties, including 24 owned through unconsolidated joint ventures, encompassed 21.7 million square feet and was 97.2% leased.
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