Impact of Brokerage Rating on Duke Realty Corporation(DRE)

Many Duke Realty Corporation(DRE) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Duke Realty Corp was Upgraded by Mizuho on Feb 6, 2017 to Buy, Price Target of the shares are set at $28.Duke Realty Corp was Reiterated by Stifel on Jan 27, 2017 to Buy, Lowers Price Target to $ 28 from a previous price target of $30 .Duke Realty Corp was Downgraded by UBS on Jan 27, 2017 to Neutral, Lowers Price Target to $ 27 from a previous price target of $28.50 .Duke Realty Corp was Downgraded by Wells Fargo to Market Perform on Dec 13, 2016. Duke Realty Corp was Upgraded by Robert W. Baird on Nov 28, 2016 to Outperform, Price Target of the shares are set at $30.

Company has reported several Insider transactions to the SEC, on Jun 30, 2016, Charles R Eitel (director) sold 3,575 shares at 25.94 per share price.On Jun 24, 2016, Steven R Kennedy (EVP, Construction) sold 26,649 shares at 25.41 per share price.On Jun 9, 2016, Dennis D Oklak (Executive Chairman) sold 75,000 shares at 24.41 per share price.

Duke Realty Corp Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.31 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.30. The company had revenue of $204.26 million for the quarter, compared to analysts expectations of $204.91 million. The companys revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS.

Duke Realty Corporation (NYSE:DRE) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.14 by 14 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 7 Brokerage Firms have advised hold.

Duke Realty Corporation (NYSE:DRE): 12 analysts have set the short term price target of Duke Realty Corporation (NYSE:DRE) at $28.13. The standard deviation of short term price target has been estimated at $1.28, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 31 and $26 respectively.

Duke Realty Corporation (NYSE:DRE) witnessed a decline in the market cap on Tuesday as its shares dropped 0.04% or 0.01 points. After the session commenced at $24.96, the stock reached the higher end at $25.21 while it hit a low of $24.88. With the volume soaring to 1,651,147 shares, the last trade was called at $25.11. The company has a 52-week high of $28.99. The company has a market cap of $8,906 million and there are 354,693,500 shares in outstanding. The 52-week low of the share price is $19.17.

Duke Realty Corporation is the largest publicly traded office and industrial real estate company in the United States and a member of the Forbes Super 500. They offer a complete range of real estate products and services.


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