Easterly Government Properties, with ticker code (DEA) have now 6 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 27 and 22 with the average target price sitting at 24.33. Given that the stocks previous close was at 19.14 this indicates there is a potential upside of 27.1%. The day 50 moving average is 20.07 and the 200 moving average now moves to 21.12. The market capitalisation for the company is $3,415m. Company Website: https://www.easterlyreit.com
The potential market cap would be $4,340m based on the market concensus.
Easterly Government Properties (NYSE:DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly’s experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased to such agencies either directly or through the U.S. General Services Administration (GSA).
