A statement released earlier today by Suntrust Robinson about Easterly Government Properties Inc (NYSE:DEA) bumps the target price to $21.00
- Updated: October 19, 2016
Yesterday Easterly Government Properties Inc (NYSE:DEA) traded 1.43% higher at $18.35. DEA’s 50-day average is $19.18 and its 200-day moving average is $19.13. The last closing price is down -0.08% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 197,380 shares of the stock traded hands, down from an average trading volume of 283,069
Stating a potential upside of 0.14%, Suntrust Robinson raised the target price of Easterly Government Properties Inc (NYSE:DEA) to $21.00
Previously on 10/05/2016, Jefferies reported about Easterly Government Properties Inc (NYSE:DEA) raised the target price from $0.00 to $22.00. At the time, this indicated a possible upside of 0.20%.
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Easterly Government Properties Inc has a 52 week low of $16.41 and a 52 week high of $20.82 with a P/E ratio of 258.24 The company’s market cap is currently $0.
Also covering Easterly Government Properties Inc's price target, a total of 3 firms have reported on the stock. The consensus target price is $19.17 with 0 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 2 brokers rating the stock a hold, zero brokerages rating the company a underperform, and lastly zero brokerages rating the company a sell.
Brief Synopsis About Easterly Government Properties Inc (NYSE:DEA)
Easterly Government Properties, Inc. is a real estate investment trust (REIT). The Company is focused primarily on the acquisition, development and management of Class A commercial properties that are leased to the United States Government agencies, such as the Drug Enforcement Administration, Federal Bureau of Investigation, Internal Revenue Service, Patent and Trademark Office, Customs and Border Protection, U.S. Forest Service, Immigration and Customs Enforcement, and Department of Transportation. The Company owns approximately 40 properties in the United States, encompassing over 2.6 million square feet in the aggregate. The Company's properties' locations include Fresno, California; Arlington, Virginia; San Antonio, Texas; Omaha, Nebraska; Lakewood, Colorado; El Centro, California; Del Rio, Texas; Dallas, texas; Savannah, Georgia; San Diego, California; Sacramento, California; Martinsburg, West Virginia; Albany, New York; Miramar, Florida, and Midland, Georgia.
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