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Barclays Reaffirms Their Hold Rating on Digital Realty (DLR)

Tipranks - Tipranks - Sat Apr 25, 4:10AM CDT

Barclays analyst Brendan Lynch maintained a Hold rating on Digital Realty today and set a price target of $189.00.

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Lynch covers the Real Estate sector, focusing on stocks such as CBRE Group, Digital Realty, and Cushman & Wakefield. According to TipRanks, Lynch has an average return of -1.3% and a 45.85% success rate on recommended stocks.

In addition to Barclays, Digital Realty also received a Hold from TD Cowen’s Michael Elias in a report issued today. However, on the same day, BMO Capital reiterated a Buy rating on Digital Realty (NYSE: DLR).

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Based on Digital Realty’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.71 billion and a net profit of $98.65 million. In comparison, last year the company earned a revenue of $1.44 billion and had a net profit of $189.57 million

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