A statement released earlier today by Citigroup Inc. about Education Realty Trust, Inc. (NYSE:EDR) bumps the target price to $46.00
- Updated: October 4, 2016
Citigroup Inc. upped the price target of Education Realty Trust, Inc. (NYSE:EDR) to $46.00 reporting a potential upside of 0.12%.
On 10/03/2016, Canaccord released a statement about Education Realty Trust, Inc. (NYSE:EDR) dropped the target price from $54.00 to $51.00 that suggested an upside of 0.18%.
Having a price of $41.07, Education Realty Trust, Inc. (NYSE:EDR) traded -2.10% lower on the day. With the last stock price down -5.93% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. EDR has recorded a 50-day average of $44.56 and a two hundred day average of $43.66. Trade Volume was down over the average, with 480,855 shares of EDR changing hands under the typical 722,206
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Education Realty Trust, Inc. has a 52 week low of $32.90 and a 52 week high of $48.87 with a P/E ratio of 54.11 The company’s market cap is currently $0.
In addition to Citigroup Inc. reporting its target price, a total of 12 brokers have issued a report on the stock. The consensus target price is $43.75 with 2 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 7 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Education Realty Trust, Inc. (NYSE:EDR)
Education Realty Trust, Inc. (EdR) is a self-managed and self-advised real estate investment trust (REIT). The Trust is engaged in developing, acquiring, owning and managing collegiate housing communities located near university campuses. The Trust operates through three segments: collegiate housing leasing, development consulting services and management services. The Trust develops collegiate housing communities for its own account and also provides third-party development consulting services on collegiate housing development projects for universities and other third parties. The Trust owns approximately 60 collegiate housing communities located in over 20 states containing approximately 30,400 beds in over 11,680 apartment units in over 40 university campuses. It provides third-party management services for approximately 20 collegiate housing communities located in over 10 states containing approximately 11,540 beds in over 4,090 apartment units in over 20 university campuses.
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