Duke Realty Corp Given Average Recommendation of “Hold” by Analysts (NYSE:DRE)
Duke Realty Corp (NYSE:DRE) has received an average recommendation of “Hold” from the twelve analysts that are currently covering the company, AnalystRatingsNetwork reports. Six investment analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $18.33.
Shares of Duke Realty Corp (NYSE:DRE) opened at 18.11 on Friday. Duke Realty Corp has a 1-year low of $14.12 and a 1-year high of $18.13. The stock has a 50-day moving average of $17.48 and a 200-day moving average of $16.20. The company has a market cap of $5.967 billion and a price-to-earnings ratio of 41.73.
Duke Realty Corp (NYSE:DRE) last released its earnings data on Wednesday, April 30th. The company reported $0.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.28. Analysts expect that Duke Realty Corp will post $1.16 EPS for the current fiscal year.
A number of analysts have recently weighed in on DRE shares. Analysts at RBC Capital raised their price target on shares of Duke Realty Corp from $19.00 to $20.00 in a research note on Friday, May 16th. They now have an “outperform” rating on the stock. Separately, analysts at Robert W. Baird raised their price target on shares of Duke Realty Corp from $17.00 to $19.00 in a research note on Tuesday, May 13th. Finally, analysts at TheStreet downgraded shares of Duke Realty Corp from a “buy” rating to a “hold” rating in a research note on Tuesday, May 6th.
Duke Realty Corporation (NYSE:DRE) is a self-administered and self-managed real estate investment trust (REIT).
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