Digital Realty Trust (NYSE:DLR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.93 by 14 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Wells Fargo initiates coverage on Digital Realty Trust (NYSE:DLR). Wells Fargo has a Outperform rating on the shares. The rating by the firm was issued on June 1, 2016.
Digital Realty Trust (NYSE:DLR): The mean short term price target for Digital Realty Trust (NYSE:DLR) has been established at $97.82 per share. The higher price target estimate is at $110 and the lower price target estimate is expected at $73 according to 11 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $11.47
Digital Realty Trust (NYSE:DLR) rose 1.57% or 1.61 points on Tuesday and made its way into the gainers of the day. After trading began at $102.44 the stock was seen hitting $104.25 as a peak level and $102.44 as the lowest level. The stock ended up at $104.01. The daily volume was measured at 1,337,921 shares. The 52-week high of the share price is $104.25 and the 52-week low is $60.66. The company has a market cap of $15,271 million.
Shares of Digital Realty Trust Inc. rose by 3.64% in the last five trading days and 11.91% for the last 4 weeks. Digital Realty Trust Inc. is up 20.41% in the last 3-month period. Year-to-Date the stock performance stands at 40.18%.
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.