Duke Realty Corporation (DRE) has an average broker rating of 2.38, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
Duke Realty Corporation (DRE) : 9 investment research analysts covering Duke Realty Corporation (DRE) have an average price target of $24.89 for the near short term. The highest target price given by the Brokerage Firm to the stock is $28 and the lowest target is $23 for the short term. Analysts expect the variance to be within $1.78 of the average price.
Duke Realty Corporation (NYSE:DRE): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $26.57 and $26.45 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $26.70. The buying momentum continued till the end and the stock did not give up its gains. It closed at $26.68, notching a gain of 0.34% for the day. The total traded volume was 2,179,212 . The stock had closed at $26.59 on the previous day.
The company shares have rallied 39.21% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $26.79 and the one year low was seen on Aug 25, 2015. The 50-Day Moving Average price is $24.63 and the 200 Day Moving Average price is recorded at $22.08.
Duke Realty Corporation is a self-administered and self-managed real estate investment trust (REIT). The Company operates in four segments: industrial, office, medical office real estate investments and service operations. Service operations consists of various real estate services, such as property management, asset management, maintenance, leasing, development, general contractor and construction management to third-party property owners and joint ventures. The Company conducts its Service Operations through Duke Realty Services, LLC, Duke Realty Services Limited Partnership and Duke Construction Limited Partnership (DCLP). As of December 31, 2014, the Companys portfolio included owned or jointly controlled 729 industrial, offices, medical office and other properties, of which 706 properties with approximately 146.9 million square feet were in service. The Company owns interest in 500 bulk distribution industrial properties, which are primarily warehouse facilities.