Zacks Investment Research announced Easterly Government Properties Inc (NYSE:DEA), bumping its price target to $23.00 earlier today
- Updated: April 20, 2017
Having a price of $20.68, Easterly Government Properties Inc (NYSE:DEA) traded -0.91% lower on the day. With the last stock price up 5.41% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. Easterly Government Properties Inc has recorded a 50-day average of $20.05 and a two hundred day average of $19.62. Volume of trade was up over the average, with 294,683 shares of DEA changing hands over the typical 262,365
Stating a potential upside of 0.11%, Zacks Investment Research upped the price target of Easterly Government Properties Inc (NYSE:DEA) to $23.00
On 04/19/2017, Jefferies & Co released a statement about Easterly Government Properties Inc (NYSE:DEA) upped the target price from $23.00 to $24.00 that suggested an upside of 0.15%.
With a total market value of $0, Easterly Government Properties Inc has price-earnings ratio of 206.80 with a one year low of $17.58 and a one year high of $21.38 .
A total of 3 firms have reported on the stock. 0 brokerages rating the stock a strong buy, 1 broker rating the stock a buy, 2 brokers rating the stock a hold, zero analysts rating the company a underperform, and finally zero firms rating the stock a sell with a consensus target price of $19.17.
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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