DigitalBridge Group (DBRG) was downgraded to a Hold Rating at RBC Capital
DigitalBridge Group received a Hold rating and a $16.00 price target from RBC Capital analyst Jonathan Atkin yesterday. The company’s shares closed yesterday at $15.26.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Atkin covers the Real Estate sector, focusing on stocks such as American Tower, Crown Castle, and Equinix. According to TipRanks, Atkin has an average return of 9.8% and a 63.24% success rate on recommended stocks.
DigitalBridge Group has an analyst consensus of Moderate Buy, with a price target consensus of $17.25.
Based on DigitalBridge Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $124.03 million and a net profit of $31.41 million. In comparison, last year the company earned a revenue of $76.13 million and had a net profit of $13.78 million
Read More on DBRG:
Disclaimer & DisclosureReport an Issue
- DigitalBridge downgraded to Hold from Buy at TD Cowen
- AI Daily: SoftBank Group to acquire DigitalBridge in $4B deal
- DigitalBridge Stock (DBRG) Jumps 10% as Analysts React to SoftBank’s Acquisition Push
- Midday Fly By: SoftBank buying DigitalBridge, Verisk drops AccuLynx deal
- DigitalBridge rises 9.7%
