Zacks Rating on Duke Realty Corporation (DRE)

Duke Realty Corporation (DRE) : 11 analysts are covering Duke Realty Corporation (DRE) and their average rating on the stock is 2.23, which is read as a Buy. 3 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Duke Realty Corporation (DRE) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Duke Realty Corporation (DRE) stock is expected to deviate a maximum of $2.07 from the average target price of $28.56 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $31 and the most muted being $25.


Shares of Duke Realty Corporation rose by 0.25% in the last five trading days and 2.65% for the last 4 weeks. Duke Realty Corporation is up 19.71% in the last 3-month period. Year-to-Date the stock performance stands at 37.02%. Duke Realty Corporation (NYSE:DRE): stock turned positive on Tuesday. Though the stock opened at $28.09, the bulls momentum made the stock top out at $28.255 level for the day. The stock recorded a low of $28.03 and closed the trading day at $28.13, in the green by 0.46%. The total traded volume for the day was 1,925,723. The stock had closed at $28 in the previous days trading.

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.

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