TIER REIT (NYSE:TIER) Shareholders Are Liking The News That BMO Capital Has Reiterated Their “Buy” Rating on the Stock

May 18, 2018 - By Bradley Stiles

TIER REIT, Inc. (NYSE:TIER) Logo

TIER REIT (NYSE:TIER) Rating Reaffirmed

TIER REIT (NYSE:TIER) shares have had their “Buy” Rating kept by investment analysts at BMO Capital in a research report published on 17 May.

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

Among 4 analysts covering TIER REIT (NYSE:TIER), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. TIER REIT has $2400 highest and $21.0 lowest target. $22.33’s average target is 4.88% above currents $21.29 stock price. TIER REIT had 8 analyst reports since December 15, 2017 according to SRatingsIntel. Cantor Fitzgerald initiated the shares of TIER in report on Friday, December 22 with “Buy” rating. The rating was upgraded by J.P. Morgan to “Buy” on Wednesday, May 16. The firm has “Buy” rating given on Wednesday, February 28 by Cantor Fitzgerald. On Tuesday, February 13 the stock rating was maintained by Cantor Fitzgerald with “Buy”. The firm has “Buy” rating by Cantor Fitzgerald given on Friday, January 19. BMO Capital Markets maintained the stock with “Buy” rating in Monday, February 12 report. The firm has “Overweight” rating given on Wednesday, May 16 by JP Morgan. The stock has “Buy” rating by BMO Capital Markets on Friday, December 15.

The stock increased 0.42% or $0.09 during the last trading session, reaching $21.29. About 268,067 shares traded or 52.43% up from the average. TIER REIT, Inc. (NYSE:TIER) has risen 8.99% since May 18, 2017 and is uptrending. It has underperformed by 2.56% the S&P500.

Analysts await TIER REIT, Inc. (NYSE:TIER) to report earnings on August, 6. They expect $0.33 EPS, down 19.51 % or $0.08 from last year’s $0.41 per share. TIER’s profit will be $15.81M for 16.13 P/E if the $0.33 EPS becomes a reality. After $0.40 actual EPS reported by TIER REIT, Inc. for the previous quarter, Wall Street now forecasts -17.50 % negative EPS growth.

TIER REIT, Inc is real estate investment trust. The company has market cap of $1.02 billion. The firm invests in the real estate markets of the United States. It has a 12.17 P/E ratio. It primarily owns and operates high quality office properties located in selective markets throughout the United States.

More news for TIER REIT, Inc. (NYSE:TIER) were recently published by: Businesswire.com, which released: “TIER REIT Declares Second Quarter 2018 Distribution” on April 20, 2018. Newsday.com‘s article titled: “Standard Diversified moves to LI from Delaware, will trade on NYSE tier” and published on April 24, 2018 is yet another important article.

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

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