Jefferies (NYSE:JEF) analyst Jonathan Petersen maintained a Hold rating on Digital Realty (NYSE:DLR) on Wednesday, setting a price target of $123, which is approximately 16.19% below the present share price of $146.76.
Petersen expects Digital Realty to post earnings per share (EPS) of $0.45 for the third quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Digital Realty, with an average price target of $162.78.
The analysts price targets range from a high of $179 to a low of $123.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.09 billion and a net profit of $192.7 million. The company's market cap is $41.64 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 12.6% and a 72.99% success rate.
California-based Digital Realty Trust, Inc. is a real estate investment trust, which provides data center, colocation and interconnection solutions for domestic and international customers. The company serves across a variety of industry verticals ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products.