Duke Realty Corporation (DRE) : During the past 4 weeks, traders have been relatively bearish on Duke Realty Corporation (DRE), hence the stock is down -2.87% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.85% relative to the S&P 500. The 4-week change in the price of the stock is -3.39% and the stock has fallen -0.69% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.11% and the 50-Day Moving Average is 1.38%.The 200 Day SMA reached 16.23%
Duke Realty Corporation (NYSE:DRE): The stock opened in the green at $27.69 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $27.83 and a low of $27.33 for the day. The stock did not find buyers even at the lows and closed at $27.33 recording a loss of -0.69%. 2,213,395 shares exchanged hands during the trading day. The stock had closed at $27.33 in the previous days trading.
Duke Realty Corporation (DRE) has been rated by 10 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $31 and the lowest price target forecast is $27. The average forecast of all the analysts is $29.3 and the expected standard deviation is $1.25.
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.