Barclays analyst Ross L Smotrich maintained a Hold rating on Douglas Emmett (DEI) yesterday and set a price target of $41. The company’s shares closed yesterday at $41.70, close to its 52-week high of $41.79.
According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 7.1% and a 67.5% success rate. Smotrich covers the Financial sector, focusing on stocks such as Essential Properties Realty Trust Inc, Pennsylvania Real Estate Investment, and Apartment Investment & Management.
Currently, the analyst consensus on Douglas Emmett is a Moderate Buy with an average price target of $39.67.
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Douglas Emmett’s market cap is currently $7.1B and has a P/E ratio of 60.51. The company has a Price to Book ratio of 2.95.
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Douglas Emmett, Inc. is a real estate investment trust, which engages in the acquisition, development, ownership, and management of real estate properties. It operates through the following segments: Office and Multifamily. The Office segment comprises rental of office space and other tenant services, including parking and storage space rental.
