Trading Update: ABR in Focus for Duke Realty Corporation (NYSE:DRE)

Wall Street analysts often give recommendations on equities that they cover. These analysts typically have a deep understanding of the health of a particular company. Taking a quick look at shares of Duke Realty Corporation (NYSE:DRE), we note that the current average broker rating is now 1.5. This data is provided by Zacks Research using a ratings scale from 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This average broker rating may help provide some insight on how the sell-side is currently viewing company stock. After a recent scan, we have also noticed that 7 Street analysts have rated the stock a Strong Buy or Buy, based analysts polled by Zacks Research. 

Investors may be searching high and low for the secret to attaining success in the markets. Knowing when to sell can be just as important as deciding which stocks to buy. Holding on to a loser for too long may leave a sour taste in the mouth. Investors may have unrealistic expectations about a particular name. Knowing when to cut and run can be a gigantic savior for overall portfolio health. Of course if investors end up selling winners too early, they will most likely be leaving too much profit on the table. Finding a good balance and knowing overall market conditions can help with the decision if the time has come. Closely tracking fundamentals and technicals can help give some insight into stock price behavior. Making sure company earnings are in line may also be a wise choice when investing in a recently researched stock.

Following shares of Duke Realty Corporation (NYSE:DRE), we can see that the average consensus target price based on contributing analysts is currently $33.5. Wall Street analysts often provide price target projections on where they believe the stock will be headed in the future. Because price target projections are essentially the opinions of covering analysts, they have the ability to vary widely from one analyst to another. Navigating the equity markets can seem daunting at times. Finding ways to identify the important data can make a big difference in sustaining profits into the future. As we move closer to the end of the year, investors will be watching to see which way the momentum shifts and if stocks are still primed to go higher. Investors might choose to rely heavily on analyst research and corresponding target predictions, or they may choose to use them as a guide to supplement their own research.

Zooming in on the current quarter EPS consensus estimate for Duke Realty Corporation (NYSE:DRE), we see that the current number is 0.37. This EPS estimate is using 9 Wall Street analysts polled by Zacks Research. Last quarter, the company stated a quarterly EPS of 0.36. Sell-side analysts have the task of examining companies and providing estimates relating to future results. These estimates carry a lot of weight on the Street, and earnings hits or misses revolve around these numbers. Sometimes these predictions are very close to the actual reported number, and other times they are not. Many investors will be closely watching which way analyst estimates are being adjusted right before earnings. This may provide some insight on how good or bad the numbers for the quarter are likely to be. Investors might want to take a look at their holdings after the earnings reports to make sure that nothing extremely out of the ordinary after combing through the results.

Individual investors might be looking at all the angles in order to concoct a winning plan for the next few quarters. The diligent investor is typically on the ball and ready to encounter any unforeseen market movements. Monitoring recent stock price activity on shares of Duke Realty Corporation (NYSE:DRE) we have noted that the stock price has been trading near $32.89. Turning the focus to some historical price information, we note that the stock has moved 8.01% over the previous 12 weeks. Since the start of the year, we note that shares have seen a change of 26.99%. Over the last 4 weeks, shares have seen a change of 0.83%. Over the last 5 sessions, the stock has moved -0.99%. After a recent scan, we can see that the 52-week high is currently $33.68, and the 52-week low is presently $25.

As we move into the second half of the year, investors will be keeping a close watch on their portfolios. There are plenty of financial gurus who are predicting the end of the bull market run, and there are plenty on the other side who believe that stocks are bound for greater heights. Whichever way the markets go, investors will need to watch which companies are hitting their marks on the earnings front. Investors may closely follow sell-side analyst estimates. It is important to remember that analyst projections are just that, projections. Following analyst expectations can provide a good glimpse into company actions, but strictly following what the analysts are saying may lead to difficulty in the future. Doing careful and extensive individual stock research may provide the investor with a more robust scope with which to successfully trade the market.

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