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Education Realty Trust (NYSE:EDR) reached a new 52-week high during trading on Friday , AnalystRatingsNetwork.com reports. The company traded as high as $10.70 and last traded at $10.62, with a volume of 405,739 shares. The stock had previously closed at $10.60.

Several analysts have recently commented on the stock. Analysts at Wunderlich reiterated a “buy” rating on shares of Education Realty Trust in a research note on Tuesday, April 29th. They now have a $11.50 price target on the stock, up previously from $10.50. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Education Realty Trust in a research note on Tuesday, April 22nd. They now have a $11.00 price target on the stock. Finally, analysts at Bank of America reiterated a “neutral” rating on shares of Education Realty Trust in a research note on Monday, April 21st. They now have a $10.50 price target on the stock. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $10.50.

The stock’s 50-day moving average is $10.38 and its 200-day moving average is $9.51. The company has a market cap of $1.212 billion and a P/E ratio of 94.64.

Education Realty Trust (NYSE:EDR) last posted its quarterly earnings results on Monday, April 28th. The company reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17. The company had revenue of $54.55 million for the quarter, compared to the consensus estimate of $49.10 million. During the same quarter in the previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 21.9% on a year-over-year basis. Analysts expect that Education Realty Trust will post $0.65 EPS for the current fiscal year.

Education Realty Trust, Inc (NYSE:EDR) is a self-managed and self-advised real estate investment trust (REIT).

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