Education Realty Trust (NYSE:EDR) has been assigned a $44.00 price target by B. Riley in a note issued to investors on Tuesday. The firm currently has a “buy” rating on the real estate investment trust’s stock. B. Riley’s target price points to a potential upside of 37.41% from the stock’s previous close.
Several other analysts have also issued reports on the company. JPMorgan Chase & Co. lowered Education Realty Trust from a “neutral” rating to an “underweight” rating in a research note on Friday, December 15th. Royal Bank of Canada cut their target price on Education Realty Trust from $43.00 to $40.00 and set an “outperform” rating for the company in a research note on Wednesday, November 8th. KeyCorp reaffirmed a “buy” rating and issued a $40.00 target price on shares of Education Realty Trust in a research note on Thursday, December 21st. FBR & Co reaffirmed a “buy” rating and issued a $44.00 target price on shares of Education Realty Trust in a research note on Monday, October 30th. Finally, Robert W. Baird set a $38.00 target price on Education Realty Trust and gave the stock a “buy” rating in a research note on Tuesday, October 31st. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $40.90.
Shares of Education Realty Trust (NYSE EDR) opened at $32.02 on Tuesday. The stock has a market capitalization of $2,425.61, a P/E ratio of 69.61, a price-to-earnings-growth ratio of 3.04 and a beta of 0.38. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.29 and a quick ratio of 0.29. Education Realty Trust has a 52 week low of $30.07 and a 52 week high of $42.44.
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Education Realty Trust Company Profile
Education Realty Trust, Inc (EdR) is a self-managed and self-advised real estate investment trust (REIT). The Trust is engaged in developing, acquiring, owning and managing collegiate housing communities located near university campuses. The Trust operates through three segments: collegiate housing leasing, development consulting services and management services.
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