Barclays (LON:BARC) analyst Tim Long maintained a Buy rating on Digital Realty (NYSE:DLR) on Wednesday, setting a price target of $170, which is approximately 11.62% above the present share price of $152.3.
Long expects Digital Realty to post earnings per share (EPS) of $0.20 for the fourth quarter of 2020.
The current consensus among 15 TipRanks analysts is for a Moderate Buy rating of shares in Digital Realty, with an average price target of $170.07.
The analysts price targets range from a high of $189 to a low of $148.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $993 million and a net profit of $168.43 million. The company's market cap is $43.96 billion.
According to TipRanks.com, Barclays analyst Tim Long is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.6% and a 60.51% success rate.
Digital Realty Trust, Inc. operates as a real estate investment trust, which provides data center, colocation and interconnection solutions. The company was founded on March 9, 2004 and is headquartered in San Francisco, CA.