Societe Generale upgraded shares of CTP (OTCMKTS:CTPVF – Get Rating) from a hold rating to a buy rating in a research note released on Tuesday, The Fly reports.
Separately, Royal Bank of Canada initiated coverage on CTP in a research note on Thursday, April 27th. They issued an outperform rating on the stock.
CTP Stock Performance
Shares of CTPVF stock opened at C$15.00 on Tuesday. CTP has a 1-year low of C$15.00 and a 1-year high of C$15.00. The stock’s fifty day simple moving average is C$15.00 and its 200-day simple moving average is C$14.30.
About CTP
CTP N.V. engages in the ownership, development, management, and leasing of logistics and industrial real estate properties in Central and Eastern Europe. Its properties are used primarily for production and warehousing, third-party logistics and distribution, offices, and others. The company also operates 3 hotels under the Courtyard by Marriott brand in the Czech Republic under management agreements with third party.
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