QTS Realty Trust (QTS) : 10 analysts are covering QTS Realty Trust (QTS) and their average rating on the stock is 1.7, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. QTS Realty Trust (QTS) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
QTS Realty Trust (QTS) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $65 and the lowest price target forecast is $48. The average forecast of all the analysts is $58.75 and the expected standard deviation is $6.92.
For the current week, the company shares have a recommendation consensus of Buy.
QTS Realty Trust (NYSE:QTS): The stock opened at $55.44 on Wednesday but the bulls could not build on the opening and the stock topped out at $55.50 for the day. The stock traded down to $54.22 during the day, due to lack of any buying support eventually closed down at $54.52 with a loss of -1.91% for the day. The stock had closed at $55.58 on the previous day. The total traded volume was 773,459 shares.
QTS Realty Trust, Inc. (QTS) is an owner, developer and operator of carrier-neutral and multi-tenant data centers. The Companys data centers are facilities that house the network and computer equipment of multiple customers and provide access to a range of communications carriers. The Company has an integrated platform through which it owns and operates its data centers and provides a range of IT infrastructure solutions. Its spectrum of core data center products referred to as 3Cs, which consists of Custom Data Center, Colocation and Cloud and Managed Services. The Company operates a portfolio of over 12 data centers across approximately eight states. The Companys data centers facilities used by its customers to house, power and cool the networking equipment and computer systems that support their business processes. QTSs customers include financial institutions, healthcare companies, Government agencies, communications service providers, software companies and Internet companies.