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Easterly Government Properties Inc (NYSE:DEA) has been downgraded to Sell in a report by Zacks Investment Research today.

Zacks Investment Research has downgraded Easterly Government Properties Inc (NYSE:DEA) to Sell in a report released on 06/19/2017.

Previously on 6/2/2017, Zacks Investment Research released a statement about Easterly Government Properties Inc (NYSE:DEA) increased the target price from $0.00 to $23.00. At the time, this indicated a possible upside of 0.12%.

Just yesterday Easterly Government Properties Inc (NYSE:DEA) traded 1.10% higher at $20.96. Easterly Government Properties Inc’s 50-day moving average is $20.01 and its 200-day moving average is $20.01. The last stock price is up 1.22% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 252,894 shares of DEA traded hands, down from an average trading volume of 481,629

Recent Performance Chart

Easterly Government Properties Inc (NYSE:DEA)

Easterly Government Properties Inc has 52 week low of $17.94 and a 52 week high of $21.07 with a PE ratio of 202.50 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 3 brokerages have issued a ratings update on the company. The average stock price target is $19.17 with 0 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 2 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On 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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