Breaking: Tier REIT (NYSE:TIER) Outperform Rating Reaffirmed by Baird Today; The Price Target is $27

August 10, 2018 - By Jenna Rose

TIER REIT, Inc. (NYSE:TIER) Logo

Tier REIT (NYSE:TIER) Rating Reaffirmed

Tier REIT (NYSE:TIER) just had their share rating of a ‘Outperform’ issued by research analysts at Baird, who now has a $27 PT on the $1.21 billion market cap company or a 13.45 % upside potential. This key information was disclosed to clients in a research note on 9 August.

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

Among 6 analysts covering TIER REIT (NYSE:TIER), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. TIER REIT has $27 highest and $21.0 lowest target. $24.20’s average target is 1.68% above currents $23.8 stock price. TIER REIT had 10 analyst reports since February 12, 2018 according to SRatingsIntel. The stock of TIER REIT, Inc. (NYSE:TIER) earned “Buy” rating by Cantor Fitzgerald on Wednesday, February 28. The company was maintained on Monday, February 12 by BMO Capital Markets. The firm earned “Buy” rating on Tuesday, February 13 by Cantor Fitzgerald. The stock has “Buy” rating by J.P. Morgan on Wednesday, May 16. The rating was maintained by BMO Capital Markets on Thursday, May 17 with “Buy”. The rating was upgraded by JP Morgan on Wednesday, May 16 to “Overweight”. The rating was maintained by JMP Securities on Wednesday, August 8 with “Market Outperform”. The stock of TIER REIT, Inc. (NYSE:TIER) earned “Outperform” rating by Robert W. Baird on Thursday, August 9. The stock of TIER REIT, Inc. (NYSE:TIER) earned “Market Outperform” rating by JMP Securities on Friday, June 8.

The stock increased 0.72% or $0.17 during the last trading session, reaching $23.8. About 2,205 shares traded. TIER REIT, Inc. (NYSE:TIER) has risen 29.95% since August 10, 2017 and is uptrending. It has outperformed by 17.38% the S&P500.

TIER REIT, Inc is real estate investment trust. The company has market cap of $1.21 billion. The firm invests in the real estate markets of the United States. It currently has negative earnings. It primarily owns and operates high quality office properties located in selective markets throughout the United States.

Another recent and important TIER REIT, Inc. (NYSE:TIER) news was published by Businesswire.com which published an article titled: “TIER REIT to Release Second Quarter 2018 Results on Tuesday, August 7th” on July 17, 2018.

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

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