Smarter Analyst

Duke Realty (DRE) Receives a Hold from BMO Capital

In a report released today, Jeremy Metz from BMO Capital maintained a Hold rating on Duke Realty (DRE), with a price target of $32.00. The company’s shares closed last Wednesday at $35.50.

According to TipRanks.com, Metz is a 3-star analyst with an average return of 0.6% and a 48.5% success rate. Metz covers the Financial sector, focusing on stocks such as Retail Opportunity Investments, Extra Space Storage, and Brixmor Property.

Currently, the analyst consensus on Duke Realty is a Moderate Buy with an average price target of $37.42.

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Duke Realty’s market cap is currently $13.33B and has a P/E ratio of 30.30. The company has a Price to Book ratio of 2.67.

Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DRE in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Duke Realty Corp. operates as 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. Its diversified portfolio of rental properties encompass various business houses such as government services, manufacturing, retailing, wholesale trade, distribution, healthcare and professional services. The firm operates its business through the following segments: Industrial Properties, Medical Office Properties and Service Operations. The Industrial Properties segment offers warehousing facilities and light industrial buildings. The Service Operations segment provides real estate services such as property management, asset management, maintenance, leasing, development, general contracting and construction management to third-party property owners and joint ventures. The company was founded by John Stoddard Rosebrough, Phillip R. Duke, and John W. Wynne in 1972 and is headquartered in Indianapolis, IN.