RBC Capital analyst Jonathan Atkin maintained a Buy rating on QTS Realty (NYSE:QTS) Trust on Tuesday, setting a price target of $77, which is approximately 22.92% above the present share price of $62.64.
Atkin expects QTS Realty Trust to post earnings per share (EPS) of -$0.07 for the second quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in QTS Realty, with an average price target of $75.11.
The analysts price targets range from a high of $85 to a low of $67.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $148.73 million and a net profit of $18.28 million. The company's market cap is $4.32 billion.
According to TipRanks.com, RBC Capital analyst Jonathan Atkin is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 18.1% and a 78.39% success rate.
QTS Realty Trust, Inc. engages in the provision of data center solutions. Its products include cloud services, connectivity, custom data center, colocation, critical facilities management, and managed services. It also offers industry solutions such as enterprise, financial services, information technology and digital media, federal, and healthcare. The company was founded on May 17, 2013 and is headquartered in Overland Park, KS.