Duke Realty Corporation (DRE) has been under a strong bear grip, hence the stock is down -3.27% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.48% in the past 1 week. The 4-week change in the price of the stock is -3.47% and the stock has fallen -0.18% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.02% and the fifty day Moving Average is 2.42%. Duke Realty Corporation is up 18.01% in the last three month period. Year-to-Date the stock performance stands at 35.36%.
Duke Realty Corporation (DRE) : The highest level Duke Realty Corporation (DRE) is projected to reach is $31 for the short term and the lowest estimate is at $26. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $28.89 and the possibility the share price can swing is $1.62.
Duke Realty Corporation (NYSE:DRE): On Fridays trading session , Opening price of the stock was $28.03 with an intraday high of $28.17. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $27.46. However, the stock managed to close at $27.79, a loss of 0.43% for the day. On the previous day, the stock had closed at $27.91. The total traded volume of the day was 2,379,587 shares.
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.