Dupont Fabros Technology Stock Rating Reaffirmed by Deutsche Bank (DFT)
Dupont Fabros Technology (NYSE:DFT)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank in a report issued on Wednesday, Stock Ratings News reports. They currently have a $70.00 target price on the stock. Deutsche Bank’s price target indicates a potential upside of 175.92% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Robert W. Baird upgraded shares of Dupont Fabros Technology from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, January 6th. Separately, analysts at Zacks downgraded shares of Dupont Fabros Technology from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, December 2nd. They now have a $28.50 price target on the stock. Finally, analysts at Zacks upgraded shares of Dupont Fabros Technology from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, October 31st. They now have a $28.50 price target on the stock. Four analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $36.44.
Dupont Fabros Technology (NYSE:DFT) traded down 2.09% on Wednesday, hitting $24.84. The stock had a trading volume of 667,390 shares. Dupont Fabros Technology has a 52-week low of $21.26 and a 52-week high of $27.92. The stock’s 50-day moving average is $24.51 and its 200-day moving average is $24.16. The company has a market cap of $1.601 billion and a price-to-earnings ratio of 100.28.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, April 15th. Shareholders of record on Friday, April 4th will be paid a dividend of 0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 5.52%.
DuPont Fabros Technology, Inc (NYSE:DFT) is a real estate investment trust (REIT).
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