Navigate this market better. Subscribe for FREE stock alerts and information.

Thursday, August 18, 2011

Upgrades and Downgrades for Today: (EJ), (OFC), (PLD), (FSP), (BPO)

E-House China (EJ) recently had their rating increased from Sell to Hold. Maxim Group is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bullish sign for the company's share price, as these brokerages begin to tell their clients to start buying the upgraded stock. The shares may see a continued uptrend because of this. Analysts believe that the company's share price may begin to improve. Shares of EJ fell by 0.95% or $-0.06/share to $6.28. In the past year, the shares have traded as low as $5.52 and as high as $20.14. On average, 486512 shares of EJ exchange hands on a given day and today's volume is recorded at 441861.

Corp Office Props (OFC) recently had their rating decreased from Buy to Hold. Stifel Nicolaus is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bearish sign for the stock, and this brokerage house may tell its clients to sell the stock. The share prices may fall because of this action. Analysts believe that the company's share price may begin to fall. Shares of OFC fell by 4.18% or $-1.1/share to $25.20. In the past year, the shares have traded as low as $22.72 and as high as $38.96. On average, 1002920 shares of OFC exchange hands on a given day and today's volume is recorded at 677679.

Stifel Nicolaus, the brokerage firm, has recently decreased the rating on ProLogis (PLD). They lowered the rating from Buy to Hold. The brokerage firm believes the company is on the downswing and there could be potential savings or capital preservation in selling the stock now. Shares of PLD fell by 5.83% or $-1.71/share to $27.64. In the past year, the shares have traded as low as $22.97 and as high as $37.46. On average, 5289180 shares of PLD exchange hands on a given day and today's volume is recorded at 3838875.

Franklin Street Properties (FSP) recently had their rating increased from Sell to Hold. Stifel Nicolaus is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bullish sign for the company's share price, as these brokerages begin to tell their clients to start buying the upgraded stock. The shares may see a continued uptrend because of this. Analysts believe that the company's share price may begin to improve. Shares of FSP fell by 4.71% or $-0.59/share to $11.93. In the past year, the shares have traded as low as $10.49 and as high as $15.63. On average, 271568 shares of FSP exchange hands on a given day and today's volume is recorded at 148775.

Brookfield Properties (BPO) recently had their rating increased from Hold to Buy. Stifel Nicolaus is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bullish sign for the company's share price, as these brokerages begin to tell their clients to start buying the upgraded stock. The shares may see a continued uptrend because of this. Analysts believe that the company's share price may begin to improve. The target price is currently set at $20 per share by the brokerage firm. Shares of BPO fell by 4.15% or $-0.725/share to $16.74. In the past year, the shares have traded as low as $13.95 and as high as $20.07. On average, 1893550 shares of BPO exchange hands on a given day and today's volume is recorded at 1727702.