Jefferies analyst Peter Abramowitz downgraded Easterly Government Properties (DEA – Research Report) to Hold today and set a price target of $25.00. The company’s shares closed last Friday at $23.06, close to its 52-week high of $23.65.
According to TipRanks.com, Abramowitz is ranked #4039 out of 7758 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Easterly Government Properties with a $24.67 average price target, representing a 7.3% upside. In a report issued on January 7, BMO Capital also downgraded the stock to Hold with a $24.00 price target.
The company has a one-year high of $23.65 and a one-year low of $19.64. Currently, Easterly Government Properties has an average volume of 711K.
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Easterly Government Properties, Inc. operates as 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 on October 10, 2014 and is headquartered in Washington, DC.
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