The stock of TIER REIT Inc (NYSE:TIER) is a huge mover today! The stock decreased 3.26% or $0.49 on October 5, hitting $14.55. TIER REIT Inc (NYSE:TIER) has risen 13.60% since March 2, 2016 and is uptrending. It has outperformed by 5.34% the S&P500.
The move comes after 7 months negative chart setup for the $692.53M company. It was reported on Oct, 6 by Barchart.com. We have $13.68 PT which if reached, will make NYSE:TIER worth $41.55 million less.
Analysts await TIER REIT Inc (NYSE:TIER) to report earnings on November, 2.
According to Zacks Investment Research, “Tier REIT Inc. is a real estate investment trust which focused on commercial office real estate. It operates primarily in Atlanta, Georgia, Chicago, Illinois, Louisville and Kentucky. Tier REIT Inc. is based in Dallas, Texas.”
More notable recent TIER REIT Inc (NYSE:TIER) news were published by: Businesswire.com which released: “TIER REIT Sells Hurstbourne Business Center” on October 03, 2016, also Quotes.Wsj.com with their article: “News Tier Reit Inc.TIER” published on February 12, 2011, Businesswire.com published: “TIER REIT Announces Sale of FOUR40” on June 20, 2016. More interesting news about TIER REIT Inc (NYSE:TIER) were released by: Businesswire.com and their article: “TIER REIT Announces Listing of its Shares of Common Stock on the New York …” published on July 23, 2015 as well as Nasdaq.com‘s news article titled: “Ex-Dividend Reminder: Tier REIT, Paramount Group and Apollo Commercial Real …” with publication date: September 26, 2016.
TIER Company Profile
TIER REIT, Inc., incorporated on June 26, 2002, is a self-managed real estate investment trust. The Firm is engaged in acquiring, developing and operating a portfolio of office properties in certain markets of the United States. The Company’s business is primarily conducted through Tier Operating Partnership LP. The Firm holds interests in approximately 30 operating office properties, over two non-operating properties and a development property located in approximately 20 markets across the United States.
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