Goldman Sachs (NYSE:GS) analyst Goldman Sachs maintained a Hold rating on Duke Realty (NYSE:DRE) Corp. on Thursday, setting a price target of $55, which is approximately 8.72% above the present share price of $50.59.
expects Duke Realty Corp . to post earnings per share (EPS) of $0.47 for the third quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Duke Realty, with an average price target of $55.09.
The analysts price targets range from a high of $66 to a low of $47.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $271.69 million and a net profit of $85.77 million. The company's market cap is $19.14 billion.
According to TipRanks.com, Goldman Sachs analyst Goldman Sachs is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 10.2% and a 58.75% success rate.
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.