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Shares of DCT Industrial Trust (NYSE:DCT) have been given a consensus recommendation of “Hold” by the eight brokerages that are currently covering the company, ARN reports. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $8.25.

DCT Industrial Trust (NYSE:DCT) traded down 0.12% during mid-day trading on Friday, hitting $8.10. 1,923,423 shares of the company’s stock traded hands. DCT Industrial Trust has a 52-week low of $6.62 and a 52-week high of $8.21. The stock has a 50-day moving average of $7.88 and a 200-day moving average of $7.60. The company has a market cap of $2.655 billion and a price-to-earnings ratio of 197.80.

DCT Industrial Trust (NYSE:DCT) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $83.40 million for the quarter, compared to the consensus estimate of $77.85 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter was up 22.5% on a year-over-year basis. Analysts expect that DCT Industrial Trust will post $0.47 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of DCT Industrial Trust in a research note on Thursday. They now have a $8.25 price target on the stock, up previously from $7.75. Separately, analysts at Wells Fargo & Co. upgraded shares of DCT Industrial Trust from a “market perform” rating to an “outperform” rating in a research note on Monday, May 12th. Finally, analysts at Stifel Nicolaus downgraded shares of DCT Industrial Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, May 6th. They now have a $8.50 price target on the stock.

DCT Industrial Trust Inc (NYSE:DCT) is an industrial real estate company that owns, operates and develops bulk distribution and light industrial properties in distribution markets in the United States and Mexico.

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