Digital Realty Trust (NYSE:DLR) received a $95.00 price objective from analysts at Credit Suisse Group in a report released on Saturday. The firm presently has a “hold” rating on the real estate investment trust’s stock. Credit Suisse Group’s target price would indicate a potential downside of 7.05% from the company’s current price.
A number of other equities research analysts have also weighed in on DLR. TheStreet upgraded shares of Digital Realty Trust from a “c+” rating to a “b” rating in a report on Thursday. Deutsche Bank lowered their price objective on shares of Digital Realty Trust from $130.00 to $125.00 and set a “buy” rating for the company in a report on Friday. Citigroup upgraded shares of Digital Realty Trust from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $105.12 to $120.00 in a report on Wednesday. Barclays lowered their price objective on shares of Digital Realty Trust from $139.00 to $136.00 and set an “overweight” rating for the company in a report on Tuesday, January 30th. Finally, UBS Group upgraded shares of Digital Realty Trust from a “sell” rating to a “neutral” rating and set a $112.00 price objective for the company in a report on Monday, January 29th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $122.19.
Shares of Digital Realty Trust (NYSE DLR) traded down $3.25 on Friday, hitting $102.20. 2,246,672 shares of the stock were exchanged, compared to its average volume of 1,722,452. The company has a market cap of $20,996.27, a price-to-earnings ratio of 101.19, a price-to-earnings-growth ratio of 2.08 and a beta of -0.11. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 0.85. Digital Realty Trust has a 1 year low of $98.28 and a 1 year high of $127.23.
Several hedge funds and other institutional investors have recently modified their holdings of DLR. Amica Retiree Medical Trust purchased a new position in shares of Digital Realty Trust in the third quarter worth $102,000. Grove Bank & Trust increased its stake in shares of Digital Realty Trust by 1,284.6% in the third quarter. Grove Bank & Trust now owns 900 shares of the real estate investment trust’s stock worth $106,000 after buying an additional 835 shares during the period. Thompson Siegel & Walmsley LLC increased its stake in shares of Digital Realty Trust by 4,984.2% in the third quarter. Thompson Siegel & Walmsley LLC now owns 966 shares of the real estate investment trust’s stock worth $114,000 after buying an additional 947 shares during the period. Fieldpoint Private Securities LLC purchased a new position in shares of Digital Realty Trust in the third quarter worth $134,000. Finally, Investment Counselors of Maryland LLC purchased a new position in shares of Digital Realty Trust in the third quarter worth $154,000. 98.29% of the stock is currently owned by institutional investors.
WARNING: This story was first posted by Stock Observer and is the sole property of of Stock Observer. If you are viewing this story on another site, it was illegally copied and reposted in violation of U.S. and international copyright laws. The correct version of this story can be viewed at https://www.thestockobserver.com/2018/02/18/credit-suisse-group-analysts-give-digital-realty-trust-dlr-a-95-00-price-target.html.
About Digital Realty Trust
Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.
Receive News & Ratings for Digital Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.