Dupont Fabros Technology (NYSE:DFT) : The consensus on Dupont Fabros Technology (NYSE:DFT) based on 11 analyst recommendation on the company stock is 2.64, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 9 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Dupont Fabros Technology (NYSE:DFT) : 7 Wall Street analysts covering Dupont Fabros Technology (NYSE:DFT) believe that the average level the stock could reach for the short term is $43.64. The maximum price target given is $49 and the minimum target for short term is around $41, hence the standard deviation is calculated at $2.78.
Company shares have received an average consensus rating of Hold for the current week Also, In the latest statement by the brokerage house, Barclays maintains its outlook on Dupont Fabros Technology (NYSE:DFT). The current rating of the shares is Overweight, according to the research report released by the firm. The brokerage firm raises the price target from $48 per share to $49 per share. The rating by the firm was issued on June 17, 2016.
Dupont Fabros Technology (NYSE:DFT): stock turned positive on Tuesday. Though the stock opened at $46.22, the bulls momentum made the stock top out at $46.505 level for the day. The stock recorded a low of $45.82 and closed the trading day at $46.28, in the green by 1.03%. The total traded volume for the day was 1,303,841. The stock had closed at $45.81 in the previous days trading.
In an insider trading activity, Foster Jeffrey H, officer (Chief Financial Officer) of Dupont Fabros Technology, Inc., unloaded 13,889 shares at an average price of $46.05 on June 15, 2016. The total amount of the transaction was worth $639,588, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.