Analyst Rating Update on DigitalGlobe Inc (DGI)

DigitalGlobe Inc (NYSE:DGI) : Zacks Investment Research ranks DigitalGlobe Inc (NYSE:DGI) as 2, which is a Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 2.29, which indicates as a Buy.

DigitalGlobe Inc (NYSE:DGI) : 6 investment research analysts covering DigitalGlobe Inc (NYSE:DGI) have an average price target of $27.83 for the near short term. The highest target price given by the Brokerage Firm to the stock is $33 and the lowest target is $23 for the short term. Analysts expect the variance to be within $3.87 of the average price.

For the current week, the company shares have a recommendation consensus of Buy.

DigitalGlobe Inc (NYSE:DGI): stock turned positive on Tuesday. Though the stock opened at $20, the bulls momentum made the stock top out at $21.015 level for the day. The stock recorded a low of $20 and closed the trading day at $20.93, in the green by 5.81%. The total traded volume for the day was 784,176. The stock had closed at $19.78 in the previous days trading.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Digitalglobe, Inc., Mason L Roger Jr., had purchased 225 shares in a transaction dated on May 2, 2016. The transaction was executed at $22.09 per share with total amount equaling $4,970.

DigitalGlobe, Inc. (DigitalGlobe) is a provider of geospatial information products and services. The Companys products and services support users in a variety of fields, including defense, intelligence and homeland security, mapping and analysis, environmental monitoring, oil and gas exploration, and infrastructure management. The Company offers earth imagery products that include imagery from its constellation of high-resolution satellites, as well as satellite and aerial imagery acquired from a third party supplier. The Company processes its imagery to varying levels according to its customers specifications and delivers its products using the distribution method that suits its customers needs. DigitalGlobe sell its products and services through a combination of direct and indirect channels, consisting of a global network of resellers, strategic partners, direct enterprise sales and web.

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