Analysts Offer Insights on Real Estate Companies: CBRE Group (CBRE) and Easterly Government Properties (DEA)
Analysts have been eager to weigh in on the Real Estate sector with new ratings on CBRE Group (CBRE – Research Report) and Easterly Government Properties (DEA – Research Report).
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CBRE Group (CBRE)
In a report released today, Ronald Kamdem from Morgan Stanley maintained a Buy rating on CBRE Group, with a price target of $180.00. The company’s shares closed last Monday at $144.18, close to its 52-week high of $147.75.
According to TipRanks.com, Kamdem is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for CBRE Group with a $184.50 average price target, implying a 25.8% upside from current levels. In a report released yesterday, UBS also upgraded the stock to Buy with a $185.00 price target.
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Easterly Government Properties (DEA)
In a report released today, Michael Lewis from Truist Financial maintained a Hold rating on Easterly Government Properties. The company’s shares closed last Monday at $23.49.
According to TipRanks.com, Lewis is a 5-star analyst with an average return of
Currently, the analyst consensus on Easterly Government Properties is a Hold with an average price target of $25.00, representing a 5.0% upside. In a report released yesterday, BMO Capital also maintained a Hold rating on the stock with a $25.00 price target.
