DCT Industrial Trust Inc (NYSE:DCT) has been upgraded to Equal Weight in a statement by Capital One Financial Corp. earlier today.
- Updated: October 17, 2016
Capital One Financial Corp. has upgraded DCT Industrial Trust Inc (NYSE:DCT) to Equal Weight in a statement released on 10/17/2016.
On 09/29/2016, Zacks Investment Research released a statement on DCT Industrial Trust Inc (NYSE:DCT) bumped up the target price from $0.00 to $55.00 that suggested an upside of 0.11%.
Boasting a price of $45.39, DCT Industrial Trust Inc (NYSE:DCT) traded 1.29% higher on the day. With the last close down 3.64% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. DCT Industrial Trust Inc has recorded a 50-day average of $47.80 and a two hundred day average of $45.49. Volume of trade was down over the average, with 202,662 shares of DCT changing hands under the typical 571,618
With a total market value of $0, DCT Industrial Trust Inc has price-earnings ratio of 40.61 with a one year low of $32.88 and a one year high of $50.57 .
A total of 12 analysts have released a research note on DCT. Three analysts rating the company a strong buy, four analysts rating the company a buy, seven analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $44.21.
More About DCT Industrial Trust Inc (NYSE:DCT)
DCT Industrial Trust Inc. (DCT) is an industrial real estate company. The Company is engaged in the acquisition, development, leasing and management of bulk distribution and light industrial properties located in distribution markets in the United States. The Company operates in three segments: East, Central and West. The Company conducts its business through an owned and controlled subsidiary, DCT Industrial Operating Partnership LP (Operating Partnership). The Company owns its properties through the Operating Partnership and its subsidiaries. DCT owns approximately 95.6% of the equity interests in the Operating Partnership. The Company's Projects include DCT Fairburn, DCT Downs Park Building A, DCT Downs Park Building B, DCT Central Avenue, DCT Stockyards Industrial Center, DCT North Avenue Distribution Center, DCT O'Hare Logistics Center, DCT Waters Ridge, DCT Freeport West, DCT Northwest Crossroads Logistics Center II, DCT Fife 45 North and DCT Jurupa Ranch.
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