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A statement released earlier today by Zacks Investment Research about Digital Realty Trust, Inc. (NYSE:DLR) raises the target price to $103.00

Yesterday Digital Realty Trust, Inc. (NYSE:DLR) traded 0.14% higher at $91.62. The company’s 50-day moving average is $95.99 and its 200-day moving average is $97.72. The last closing price is down -3.08% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,044,114 shares of the stock traded hands, down from an average trading volume of 1,755,220

Digital Realty Trust, Inc. (NYSE:DLR) had its price target upped to $103.00 by Zacks Investment Research in an issued report announced Tuesday October 11, 2016. The new stock price target indicates a possible upside of 0.12% based on the company's last closing price.

Previously on 9/28/2016, Bank of America (Merrill Lynch) reported on Digital Realty Trust, Inc. (NYSE:DLR) increased the target price from $0.00 to $120.00. At the time, this indicated a possible upside of 0.24%.

Recent Performance Chart

Digital Realty Trust, Inc. (NYSE:DLR)

Digital Realty Trust, Inc. has PE ratio of 210.47 with a one year low of $69.00 and a one year high of $113.21 and has a market capitalization of $0.

A total of 17 analysts have released a report on Digital Realty Trust, Inc.. Four analysts rating the company a strong buy, six analysts rating the company a buy, 7 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 1 firm rating the stock a sell with a consensus target price of $97.53.

About Digital Realty Trust, Inc. (NYSE:DLR)

Digital Realty Trust, Inc. is a real estate investment trust (REIT). The Company owns, acquires, develops and manages technology-related real estate. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products. The Company's types of properties within its portfolio include corporate data centers; Internet gateway data centers, which serve as hubs for Internet and data communications within and between metropolitan areas, and office and other non-data center space. The Company's portfolio consists of approximately 140 operating properties. The Company owns approximately 98.1% common general partnership interest in Digital Realty Trust, L.P.

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