RBC Capital lowered shares of Duke Realty (NYSE: DRE) from an outperform rating to a sector perform rating in a research report released on Thursday morning. RBC Capital currently has $16.00 price target on the stock, up from their previous price target of $15.00.
Duke Realty traded down 0.32% on Thursday, hitting $15.65. Duke Realty has a 52-week low of $12.71 and a 52-week high of $16.10. The stock’s 50-day moving average is currently $15.30. The company’s market cap is $4.321 billion.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, February 28th. Investors of record on Wednesday, February 13th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date of this dividend is Monday, February 11th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a neutral rating on shares of Duke Realty in a research note to investors on Tuesday, February 12th. They now have a $17.00 price target on the stock. Separately, analysts at Robert W. Baird initiated coverage on shares of Duke Realty in a research note to investors on Monday, January 14th. They set an outperform rating and a $16.00 price target on the stock. Finally, analysts at JPMorgan Chase reiterated a neutral rating on shares of Duke Realty in a research note to investors on Monday, December 31st. They now have a $16.00 price target on the stock.
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