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Analysts Are Bullish on These Real Estate Stocks: Digital Realty (DLR), CBRE Group (CBRE)

Tipranks - Fri Apr 24, 11:54AM CDT

There’s a lot to be optimistic about in the Real Estate sector as 2 analysts just weighed in on Digital Realty (DLR) and CBRE Group (CBRE) with bullish sentiments.

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Digital Realty (DLR)

In a report released today, Irvin Liu from Evercore ISI maintained a Buy rating on Digital Realty. The company’s shares closed last Thursday at $200.89.

Liu has an average return of 9.0% when recommending Digital Realty. ;'>

According to TipRanks.com, Liu is ranked #2726 out of 12212 analysts.

Currently, the analyst consensus on Digital Realty is a Strong Buy with an average price target of $206.64, a 2.3% upside from current levels. In a report issued on April 8, Cantor Fitzgerald also initiated coverage with a Buy rating on the stock with a $211.00 price target.

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CBRE Group (CBRE)

In a report released today, Steve Sakwa from Evercore ISI maintained a Buy rating on CBRE Group. The company’s shares closed last Thursday at $144.35, close to its 52-week high of $147.75.

According to TipRanks.com, Sakwa is a 2-star analyst with an average return of 0.0% and a 50.4% success rate. Sakwa covers the NA sector, focusing on stocks such as National Storage Affiliates, COPT Defense Properties, and Four Corners Property. ;'>

CBRE Group has an analyst consensus of Strong Buy, with a price target consensus of $177.33, implying a 12.9% upside from current levels. In a report released today, William Blair also maintained a Buy rating on the stock.

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