SunTrust recorded Easterly Government Properties (NYSE:DEA), raising its target price to $21.00 today
- Updated: October 19, 2016
Yesterday Easterly Government Properties (NYSE:DEA) traded 1.43% higher at $19.11. The company’s 50-day moving average is $19.18 and its 200-day moving average is $19.13. The last stock close 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. 197,380 shares of the stock were exchanged, down from an average trading volume of 283,069
Easterly Government Properties (NYSE:DEA) had its target price raised to $21.00 by SunTrust in a report released 10/19/2016. The new target price indicates a possible upside of 0.10% based on the company's last stock close price.
Previously on 10/5/2016, Jefferies reported about Easterly Government Properties (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 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.
In addition to SunTrust reporting its target price, a total of 3 firms have reported on the stock. The consensus target price is $19.17 with 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Easterly Government Properties (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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