BMO Capital Markets Reiterates $39.00 Price Target for Douglas Emmett (DEI)
Douglas Emmett (NYSE:DEI) has been assigned a $39.00 target price by research analysts at BMO Capital Markets in a research report issued to clients and investors on Tuesday. The firm presently has a “hold” rating on the real estate investment trust’s stock. BMO Capital Markets’ price target would indicate a potential upside of 7.32% from the company’s current price.
A number of other research firms have also commented on DEI. Zacks Investment Research raised Douglas Emmett from a “sell” rating to a “hold” rating in a research note on Monday, January 8th. Robert W. Baird increased their price objective on Douglas Emmett from $45.00 to $47.00 and gave the company an “outperform” rating in a research note on Friday, November 10th. Mizuho reaffirmed a “hold” rating and set a $41.00 price objective on shares of Douglas Emmett in a research note on Friday, October 27th. Sandler O’Neill reaffirmed a “hold” rating and set a $42.00 price objective on shares of Douglas Emmett in a research note on Tuesday, January 23rd. Finally, TheStreet raised Douglas Emmett from a “c+” rating to a “b-” rating in a research note on Wednesday, November 15th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $41.44.
Shares of Douglas Emmett (DEI) opened at $36.34 on Tuesday. The firm has a market capitalization of $6,101.22, a price-to-earnings ratio of 68.57, a price-to-earnings-growth ratio of 2.81 and a beta of 0.64. Douglas Emmett has a twelve month low of $34.72 and a twelve month high of $41.59.
About Douglas Emmett
Douglas Emmett, Inc is a self-administered and self-managed real estate investment trust (REIT). The Company is owner and operator of office and multifamily properties located in submarkets in Los Angeles and Honolulu. The Company operates through two segments: the acquisition, development, ownership and management of office real estate (Office Segment), and the acquisition, development, ownership and management of multifamily real estate (Multifamily Segment).
Receive News & Ratings for Douglas Emmett Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Douglas Emmett and related companies with MarketBeat.com's FREE daily email newsletter.