Jefferies (NYSE:JEF) analyst Jonathan Petersen maintained a Buy rating on Digital Realty (NYSE:DLR) on Monday, setting a price target of $186, which is approximately 18.88% above the present share price of $156.46.
Petersen expects Digital Realty to post earnings per share (EPS) of $0.20 for the third quarter of 2020.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Digital Realty, with an average price target of $165.67.
The analysts price targets range from a high of $186 to a low of $139.
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 $42.09 billion.
According to TipRanks.com, Jefferies analyst Jonathan Petersen is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.2% and a 72.59% 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.