Digital Realty Trust (NYSE:DLR) was upgraded by analysts at UBS Group from a “sell” rating to a “neutral” rating in a research report issued on Monday, www.benzinga.com reports. The firm presently has a $112.00 price objective on the real estate investment trust’s stock. UBS Group’s target price points to a potential upside of 4.31% from the company’s previous close.
A number of other equities research analysts also recently issued reports on the company. Deutsche Bank raised Digital Realty Trust from a “hold” rating to a “buy” rating and set a $130.00 price target for the company in a research report on Wednesday, January 10th. Credit Suisse Group reissued a “hold” rating and set a $95.00 price target on shares of Digital Realty Trust in a research report on Tuesday, January 23rd. Zacks Investment Research downgraded Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, October 31st. ValuEngine downgraded Digital Realty Trust from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. Finally, Robert W. Baird reissued a “neutral” rating and set a $121.00 price target (up previously from $119.00) on shares of Digital Realty Trust in a research report on Tuesday, October 10th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $122.69.
Shares of Digital Realty Trust (DLR) traded down $4.28 during trading hours on Monday, hitting $107.37. The stock had a trading volume of 1,410,336 shares, compared to its average volume of 1,340,000. The stock has a market capitalization of $22,060.00, a P/E ratio of 87.29, a P/E/G ratio of 2.27 and a beta of -0.09. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.46 and a current ratio of 0.46. Digital Realty Trust has a twelve month low of $101.70 and a twelve month high of $127.23.
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.