Digital Realty Trust, Inc. with ticker code (DLR) have now 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 175 and 79 and has a mean target at $118.22. Given that the stocks previous close was at $89.78 this is indicating there is a potential upside of 31.7%. It’s also worth noting that there is a 50 day moving average of $102.10 while the 200 day moving average is $109.34. The market capitalization for the company is $28,628m. Company Website: https://www.digitalrealty.com
The potential market cap would be $37,696m based on the market consensus.
Digital Realty supports the world’s leading enterprises and service providers by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITALR, the company’s global data center platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture PDxTM solution methodology for scaling digital business and efficiently managing data gravity challenges. Digital Realty’s global data center footprint gives customers access to the connected communities that matter to them with more than 284 facilities in 48 metros across 23 countries on six continents.
The company has a dividend yield of 5.44% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 86.67, revenue per share of 16.34 and a 1.04% return on assets.
