BMO Capital Releases a Hold Rating on Duke Realty Corp

By Jason Carr

In a report issued on March 15, John Kim from BMO Capital reiterated a Hold rating on Duke Realty Corp (NYSE: DRE), with a price target of $28. The company’s shares closed last Friday at $25.62.

According to, Kim is a 4-star analyst with an average return of 3.4% and a 57.3% success rate. Kim covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Forest City Realty Trust, Inc., and Retail Opportunity Investments.

Duke Realty Corp has an analyst consensus of Moderate Buy, with a price target consensus of $28.

The company has a one year high of $28.99 and a one year low of $21.11. Currently, Duke Realty Corp has an average volume of 2.69M.

Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is neutral on the stock. Last month, Charles Eitel, a Director at DRE sold 5,246 shares for a total of $133,878.

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Duke Realty Corp. is a real estate development company that engages in the management and development of industrial, office and medical office properties and provides 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. It operates its business through the following segments: Industrial, Medical Office, Office Real Estate Investments and Service Operations. The company was founded in 1972 by John W. Wynne and is headquartered in Indianapolis, IN.