RBC Capital Keeps a Hold Rating on Duke Realty Corp


In a report released today, Michael Carroll from RBC Capital reiterated a Hold rating on Duke Realty Corp (NYSE: DRE), with a price target of $30. The company’s shares opened today at $28.72, close to its 52-week high of $29.47.

According to TipRanks.com, Carroll is a 3-star analyst with an average return of 6.1% and a 71.7% success rate. Carroll covers the Financial sector, focusing on stocks such as Government Properties Income Trust, MedEquities Realty Trust, and Physicians Realty Trust.

Currently, the analyst consensus on Duke Realty Corp is a Moderate Buy with an average price target of $30.25, a 5.3% upside from current levels. In a report issued on July 25, BMO Capital also assigned a Hold rating to the stock with a $29 price target.

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Duke Realty Corp’s market cap is currently $10.24B and has a P/E ratio of 27.93. The company has a Price to Book ratio of 2.26.

Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock.

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Duke Realty Corp. is a real estate development company, which specializes in the ownership, management and development of industrial and medical office properties. It offers property and asset management, leasing, construction and other tenant related services.

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