In a report released yesterday, Omotayo Okusanya from Jefferies reiterated a Buy rating on Easterly Government Properties (NYSE: DEA), with a price target of $22. The company’s shares closed yesterday at $19.47, close to its 52-week low of $19.03.
According to TipRanks.com, Okusanya is a 4-star analyst with an average return of 7.5% and a 60.8% success rate. Okusanya covers the Financial sector, focusing on stocks such as DCT Industrial Trust Inc, Office Properties Trust, and Physicians Realty Trust.
Easterly Government Properties has an analyst consensus of Moderate Buy, with a price target consensus of $22.
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The company has a one-year high of $22.32 and a one-year low of $19.03. Currently, Easterly Government Properties has an average volume of 787.7K.
Based on the recent corporate insider activity of 9 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2018, Darrell Crate, the Chairman of DEA sold 160,000 shares for a total of $3,195,817.
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Easterly Government Properties, Inc.is a real estate investment trust, which engages in the acquisition, development, and management of commercial properties that are leased to U.S. Government agencies. The company was founded October 9, 2014 and is headquartered in Washington, DC.
