Market Overview

UPDATE: Imperial Capital Initiates Education Realty Trust at In-Line on Residential REIT Diversification Option

Share:
Related EDR
Real Estate Investors: Here's Why Canaccord Analysts Prefer Growth Over Size
Benzinga's Top Initiations

In a report published on Thursday, Imperial Capital analyst David Harris initiated coverage on Education Realty Trust (NYSE: EDR) with a rating of In-Line and a price target of $10.

In the report, Imperial Capital stated, "In our view, interest in student housing is principally predicated on the prospects of a steady increase in academic enrollment and a desire by many educational establishments to upgrade and expand their accommodation facilities. We think the demand drivers are likely to largely remain in place for the forseeable future."

Education Realty Trust closed on Wednesday at $9.78.

Latest Ratings for EDR

DateFirmActionFromTo
Jul 2015Canaccord GenuityInitiates Coverage onBuy
Jun 2015Sandler O'NeillUpgradesHoldBuy
Mar 2015RW BairdInitiates Coverage onNeutral

View More Analyst Ratings for EDR
View the Latest Analyst Ratings

Posted-In: David Harris imperial capitalAnalyst Color Initiation Analyst Ratings

 

Related Articles (EDR)

Get Benzinga's Newsletters