Digital Realty Trust (DLR) has an average broker rating of 1.93, which is interpreted as a Buy, as rated by 14 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Digital Realty Trust (DLR) : Currently there are 11 street experts covering Digital Realty Trust (DLR) stock. The most bullish and bearish price target for the stock is $110 and $73 respectively for the short term. The average price target of all the analysts comes to $97.82. The estimated standard deviation from the target is $11.47.
Digital Realty Trust (NYSE:DLR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $111.23 and $111.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $113.21. The buying momentum continued till the end and the stock did not give up its gains. It closed at $112.10, notching a gain of 0.78% for the day. The total traded volume was 2,034,238 . The stock had closed at $111.23 on the previous day.
Also, Wells Fargo initiates coverage on Digital Realty Trust (NYSE:DLR) The shares have been rated Outperform. The rating by the firm was issued on June 1, 2016. The company shares have rallied 61.70% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $111.25 and the one year low was seen on Sep 11, 2015. The 50-Day Moving Average price is $100.49 and the 200 Day Moving Average price is recorded at $87.74.
Digital Realty Trust, Inc. is a real estate investment trust (REIT) that owns, acquires, develops and manages technology-related real estate. The Companys services include implementation services, remote hands services, data center infrastructure management (DCIM), client services and digital realty partner network. The Company is a sole general partner of Digital Realty Trust, L.P. As of December 31, 2014, Digital Realty Trust, Inc. owned 97.8% common general partnership interest in Digital Realty Trust, L.P. The remaining 2.2% common limited partnership interests are owned by non-affiliated investors and certain directors and officers of Digital Realty Trust, Inc. The Company focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users, including the information technology (IT) departments of Fortune 100 and financial services companies.