Analyst Price Target Update on Dupont Fabros Technology (NYSE:DFT)

Dupont Fabros Technology (NYSE:DFT) should head towards $43.21 per share according to 7 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $39 per share. The higher price estimate target is at $48 according to the Analysts.

Many analysts have stated their opinion on the company shares. Major Brokerage house, Jefferies maintains its ratings on Dupont Fabros Technology (NYSE:DFT). In the latest research report, Jefferies raises the target price from $42 per share to $44 per share. According to the latest information available, the shares are now rated Hold by the analysts at the agency. The rating by the firm was issued on May 16, 2016. Company shares have received an average consensus rating of Hold for the current week

On the companys insider trading activities,The director officer (President and CEO) of Dupont Fabros Technology, Inc., Eldredge Christopher P. sold 5,964 shares at $46 on June 8, 2016. The Insider selling transaction had a total value worth of $274,344. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Dupont Fabros Technology (NYSE:DFT) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.34 points or 0.74% at $45.37 with 984,119 shares getting traded. Post opening the session at $45.8, the shares hit an intraday low of $45.2001 and an intraday high of $45.98 and the price was in this range throughout the day. The company has a market cap of $3,377 million and the number of outstanding shares have been calculated to be 74,421,485 shares. The 52-week high of Dupont Fabros Technology (NYSE:DFT) is $46.77 and the 52-week low is $24.88.

DuPont Fabros Technology, Inc. is an owner, developer, operator and manager of enterprise-class, carrier-neutral, large multi-tenant wholesale data centers. The Companys facilities are designed to offer specialized, efficient and safe computing environments in a low-cost operating model. The Companys customers outsource their mission-critical applications and include national and international enterprises across numerous industries, such as technology, Internet content providers, media, communications, cloud-based, healthcare and financial services. The Companys 12 data centers are located in four major United States markets, which total approximately three million gross square feet and approximately 266 megawatts of available critical load to power the servers and computing equipment of its customers.

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