QTS Realty Trust Upgraded to Outperform by Zacks (QTS)
QTS Realty Trust (NYSE:QTS) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued on Monday, Stock Ratings Network.com reports. The firm currently has a $26.70 price objective on the stock. Zacks‘ target price points to a potential upside of 8.67% from the company’s current price.
QTS has been the subject of a number of other recent research reports. Analysts at Morgan Stanley initiated coverage on shares of QTS Realty Trust in a research note to investors on Thursday, December 19th. They set an “overweight” rating and a $27.00 price target on the stock. Separately, analysts at KeyCorp initiated coverage on shares of QTS Realty Trust in a research note to investors on Thursday, December 5th. They set a “buy” rating on the stock. Finally, analysts at Deutsche Bank initiated coverage on shares of QTS Realty Trust in a research note to investors on Thursday, December 5th. They set a “hold” rating on the stock. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $27.10.
Shares of QTS Realty Trust (NYSE:QTS) traded up 0.55% on Monday, hitting $24.706. 126,570 shares of the company’s stock traded hands. QTS Realty Trust has a 52 week low of $19.06 and a 52 week high of $25.36. The stock has a 50-day moving average of $21.50 and a 200-day moving average of $21.35. The company’s market cap is $715.8 million.
QTS Realty Trust, Inc is a owner, developer and operator of carrier-neutral, multi-tenant data centers.
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