DuPont Fabros Technology, Inc. (NYSE:DFT) stock price target increased to $43.00, released a report earlier today by Zacks Investment Research
- Updated: October 6, 2016
Reporting a possible upside of 0.13%, Zacks Investment Research raised the target price of DuPont Fabros Technology, Inc. (NYSE:DFT) to $43.00
On 9/16/2016, Zacks Investment Research released a statement for DuPont Fabros Technology, Inc. (NYSE:DFT) bumped up the target price from $0.00 to $48.00 that suggested an upside of 0.13%.
Boasting a price of $38.02, DuPont Fabros Technology, Inc. (NYSE:DFT) traded -0.68% lower on the day. With the last stock price close down -13.00% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. DuPont Fabros Technology, Inc. has recorded a 50-day average of $42.67 and a two hundred day average of $43.70. Trade Volume was down over the average, with 779,835 shares of DFT changing hands under the typical 828,566
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DuPont Fabros Technology, Inc. has a 52 week low of $27.48 and a one year high of $48.97 with a price-earnings ratio of 9,505.00 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 11 firms have reported on the stock. The consensus target price is $43.77 with 0 firms rating the stock a strong buy, 4 firms rating the stock a buy, 10 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
About DuPont Fabros Technology, Inc. (NYSE:DFT)
DuPont Fabros Technology, Inc. (DFT) is a real estate investment trust (REIT). The Company is a self-administered and self-managed company that owns, acquires, develops and operates wholesale data centers. The Company's customers outsource their applications, and include national and international enterprises across various industries, such as technology, Internet content providers, media, communications, cloud providers, healthcare and financial services. Its data centers are located in four population centers: Northern Virginia; suburban Chicago, Illinois; Piscataway, New Jersey, and Santa Clara, California. The Company owns various properties, including approximately 10 operating data centers facilities; over three phases of existing data center facilities under development; approximately two data center facilities with phases that are available for future development, and over three parcels of land held for future development of data centers.
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