In a report released today, Ari Klein from BMO Capital reiterated a Buy rating on Digital Realty (DLR – Research Report), with a price target of $125.00. The company’s shares closed yesterday at $100.27.
Klein covers the Financial sector, focusing on stocks such as Digital Realty, Hersha Hospitality, and Park Hotels & Resorts. According to TipRanks, Klein has an average return of 6.5% and a 58.09% success rate on recommended stocks.
Currently, the analyst consensus on Digital Realty is a Moderate Buy with an average price target of $128.23, representing a 27.88% upside. In a report released on October 21, Stifel Nicolaus also maintained a Buy rating on the stock with a $125.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $173.15 and a one-year low of $85.76. Currently, Digital Realty has an average volume of 1.94M.
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is neutral on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
California-based Digital Realty Trust, Inc. is a real estate investment trust, which provides data center, colocation and interconnection solutions for domestic and international customers. The company serves across a variety of industry verticals ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products.
Read More on DLR:
- EQIX, DLR: Are the 2 Largest Data Center REITs Worth Buying?
- Digital Realty price target lowered to $110 from $150 at Deutsche Bank
- Digital Realty price target lowered to $122 from $151 at RBC Capital
- Digital Realty price target lowered to $98 from $146 at Credit Suisse
- Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations
