BMO Capital analyst Ari Klein maintained a Buy rating on QTS Realty Trust (QTS) yesterday and set a price target of $49. The company’s shares closed yesterday at $45.44, close to its 52-week high of $47.13.
According to TipRanks.com, Klein is a 3-star analyst with an average return of 5.9% and a 60.9% success rate. Klein covers the Financial sector, focusing on stocks such as Coresite Realty, CyrusOne, and Equinix.
QTS Realty Trust has an analyst consensus of Moderate Buy, with a price target consensus of $49.50, an 8.9% upside from current levels. In a report released today, Raymond James also upgraded the stock to Buy with a $50 price target.
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The company has a one-year high of $47.13 and a one-year low of $34.27. Currently, QTS Realty Trust has an average volume of 422.9K.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2019, Stephen Westhead, a Director at QTS sold 5,135 shares for a total of $237,545.
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.
QTS Realty Trust, Inc. engages in the provision of data center solutions. Its products include cloud services, connectivity, custom data center, colocation, critical facilities management, and managed services. It also offers industry solutions such as enterprise, financial services, information technology and digital media, federal, and healthcare.
