Digital Realty (DLR) Gets a Buy Rating from Barclays


In a report released yesterday, Ross L Smotrich from Barclays maintained a Buy rating on Digital Realty (DLR), with a price target of $131. The company’s shares closed yesterday at $103.19.

According to TipRanks.com, Smotrich is a 5-star analyst with an average return of 6.2% and a 59.7% success rate. Smotrich covers the Financial sector, focusing on stocks such as Pennsylvania Real Estate Investment, Apartment Investment & Management, and Safety Income & Growth Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Digital Realty with a $125.67 average price target.

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The company has a one-year high of $125.10 and a one-year low of $96.56. Currently, Digital Realty has an average volume of 1.54M.

Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Digital Realty Trust, Inc. operates as a real estate investment trust. It owns, acquires, develops and manages technology related real estate. The company provides data center, colocation, and interconnection solutions. Digital Realty Trust was founded on March 9, 2004 and is headquartered in San Francisco, CA.

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