TOday’s Movers: TIER REIT (NYSE:TIER) Stock Rating Reaffirmed by BMO Capital; $20.0 Target Price Indicates 6.67 % Potential

February 15, 2018 - By Nellie Frank

 TOday’s Movers: TIER REIT (NYSE:TIER) Stock Rating Reaffirmed by BMO Capital; $20.0 Target Price Indicates 6.67 % Potential

TIER REIT (NYSE:TIER) Rating Reaffirmed

Recently, In a research report published on 9 November, TIER REIT (NYSE:TIER) shares have had their Buy Rating restate by stock research analysts at BMO Capital, who currently has a $20.0 target on company. This target by BMO Capital gives the possibile upside of 6.67 % from the last stock close price.

TIER REIT, Inc. (NYSE:TIER) Ratings Coverage

Among 4 analysts covering Tier REIT (NYSE:TIER), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Tier REIT has $22.0 highest and $16 lowest target. $20’s average target is 6.67% above currents $18.75 stock price. Tier REIT had 12 analyst reports since June 2, 2016 according to SRatingsIntel. Cantor Fitzgerald initiated the stock with “Buy” rating in Friday, December 22 report. The firm has “Buy” rating by Cantor Fitzgerald given on Tuesday, February 13. The rating was initiated by JMP Securities on Friday, January 27 with “Mkt Outperform”. The stock of TIER REIT, Inc. (NYSE:TIER) has “Buy” rating given on Monday, August 7 by BMO Capital Markets. Cantor Fitzgerald maintained it with “Buy” rating and $22.0 target in Friday, January 19 report. The firm earned “Buy” rating on Monday, February 12 by BMO Capital Markets. As per Friday, December 15, the company rating was maintained by BMO Capital Markets. As per Thursday, November 9, the company rating was maintained by BMO Capital Markets. BMO Capital Markets maintained the shares of TIER in report on Friday, September 8 with “Buy” rating. BMO Capital Markets maintained TIER REIT, Inc. (NYSE:TIER) rating on Monday, July 3. BMO Capital Markets has “Buy” rating and $2000 target.

The stock increased 2.24% or $0.41 during the last trading session, reaching $18.75. About 80,738 shares traded. TIER REIT, Inc. (NYSE:TIER) has risen 9.67% since February 15, 2017 and is uptrending. It has underperformed by 7.03% the S&P500.

TIER REIT, Inc is real estate investment trust. The company has market cap of $896.13 million. The firm invests in the real estate markets of the United States. It has a 10.38 P/E ratio. It primarily owns and operates high quality office properties located in selective markets throughout the United States.

More notable recent TIER REIT, Inc. (NYSE:TIER) news were published by: Businesswire.com which released: “TIER REIT Announces Commencement of Domain 11 Development” on June 23, 2017, also Businesswire.com with their article: “TIER REIT Announces Fourth Quarter & Full Year 2017 Financial Results” published on February 12, 2018, Businesswire.com published: “TIER REIT Declares First Quarter 2018 Distribution” on February 07, 2018. More interesting news about TIER REIT, Inc. (NYSE:TIER) were released by: Businesswire.com and their article: “TIER REIT Provides Update on Impact of Hurricane Harvey” published on August 28, 2017 as well as Businesswire.com‘s news article titled: “TIER REIT Announces Strategic Acquisition of Legacy District Tower & Sale of …” with publication date: June 26, 2017.

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