Jefferies Sticks to Its Buy Rating for Easterly Government Properties

By Austin Angelo

Jefferies analyst Omotayo Okusanya reiterated a Buy rating on Easterly Government Properties (NYSE: DEA) today and set a price target of $24. The company’s shares opened today at $19.89.

According to TipRanks.com, Okusanya is a 4-star analyst with an average return of 4.9% and a 58.5% success rate. Okusanya covers the Financial sector, focusing on stocks such as Government Properties Income Trust, National Storage Affiliates Trust, and Retail Properties of America Inc.

Easterly Government Properties has an analyst consensus of Moderate Buy, with a price target consensus of $24.

The company has a one year high of $21.38 and a one year low of $17.94. Currently, Easterly Government Properties has an average volume of 281.2K.

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Easterly Government Properties, Inc. engages in the acquisition, development, and management of commercial properties that are leased to U.S. Government agencies. The company was founded October 9, 2014 and is headquartered in Washington, DC.