Via invest4today.blogspot.com/:
Fundamental Analysis:-
MPG has listed itself for sale and estimated a sale price of $50 per share
FBR added it to their "Top Picks" on 12/11/06 $47.50 price target, $51 buyout price
High G&A Expense ($34mm). "...exceedingly high...on a percentage of NOI, it is the highest office REIT [Stifel Nicolaus] covers." (Stifel Nicolaus 12/11/06) There is room for cost cutting if taken private.ing
...LAMPG is now trading at $42 a share. I see it fairly valued at $42 with a target price of $48-$50.
$43.14 (01/25/07)
