Duke Realty (DRE) Earns “Buy” Rating from BMO Capital Markets

Darrell McKinsey | February 03, 2019

Duke Realty (DRE) Earns “Buy” Rating from BMO Capital Markets
BMO Capital Markets reaffirmed their buy rating on shares of Duke Realty (NYSE:DRE) in a research note published on Wednesday. BMO Capital Markets currently has a $30.00 price target on the real estate investment trust’s stock. Several other equities research analysts also recently commented on the company. Zacks Investment Research downgraded Duke Realty from a hold rating to a sell rating in a report on Wednesday. SunTrust Banks upgraded Duke Realty from a hold rating to a buy rating in a report on Tuesday, January 15th. BTIG Research upgraded Duke Realty from a neutral rating to a buy rating in a report on Tuesday, January 8th. JPMorgan Chase & Co. upgraded Duke Realty from a neutral rating to an overweight rating in a research note on Wednesday, December 19th. Finally, Wells Fargo & Co upgraded Duke Realty from a market perform rating to an outperform rating and boosted their price target for the company from $30.00 to $33.00 in a research note on Tuesday, December 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of $30.33. NYSE DRE opened at $29.52 on Wednesday. Duke Realty has a one year low of $24.30 and a one year high of $30.05. The stock has a market capitalization of $10.58 billion, a P/E ratio of 22.20, a price-to-earnings-growth ratio of 4.35 and a beta of 0.79. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.56.

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