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BidaskClub downgraded Easterly Government Properties Inc (NYSE:DEA) to Hold in a report released today.

Yesterday Easterly Government Properties Inc (NYSE:DEA) traded -0.65% lower at $20.40. The company’s 50-day moving average is $20.36 and its 200-day moving average is $20.20. The last closing price is up -2.15% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time period. 356,222 shares of the stock traded hands, up from an average trading volume of 249,597

BidaskClub has downgraded Easterly Government Properties Inc (NYSE:DEA) to Hold in a report released on Saturday July 08, 2017.

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Easterly Government Properties Inc (NYSE:DEA)

Easterly Government Properties Inc has a 52 week low of $17.94 and a 52 week high of $21.81 with a P/E ratio of 197.70 The company’s market cap is currently $0.

In addition to BidaskClub reporting its stock price target, a total of 3 brokers have issued a report on the company. The average stock price target 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, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Easterly Government Properties Inc (NYSE:DEA)

Easterly Government Properties, Inc. is an internally managed real estate investment trust (REIT). The Company focuses on the acquisition, development and management of Class A commercial properties that are leased to the United States Government agencies. The Company leases its properties to such agencies through the United States General Services Administration (GSA). The operations of the Company are carried on primarily through Easterly Government Properties, LP and the subsidiaries of the Operating Partnership. As of December 31, 2016, it had 43 operating properties in the United States, including 40 operating properties that are leased primarily to the United States Government tenant agencies and three operating properties that are entirely leased to private tenants, encompassing approximately 3.1 million square feet in the aggregate. In addition, the Company had one property under development encompassing approximately 0.1 million square feet as of December 31, 2016.

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