BMO Capital Keeps Their Hold Rating on Digital Realty (DLR)

By Austin Angelo

In a report issued on December 5, Ari Klein from BMO Capital maintained a Hold rating on Digital Realty (DLRResearch Report), with a price target of $132.00. The company’s shares closed last Monday at $118.37.

According to TipRanks.com, Klein is a 4-star analyst with an average return of 11.9% and a 73.0% success rate. Klein covers the Financial sector, focusing on stocks such as Xenia Hotels & Resorts, Host Hotels & Resorts, and Park Hotels & Resorts.

Digital Realty has an analyst consensus of Moderate Buy, with a price target consensus of $136.56.

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The company has a one-year high of $136.32 and a one-year low of $100.05. Currently, Digital Realty has an average volume of 1.65M.

Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DLR in relation to earlier this year. Earlier this month, Andrew Power, the CFO of DLR sold 22,000 shares for a total of $2,636,192.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Digital Realty Trust, Inc. operates as a real estate investment trust, which provides data center, colocation and interconnection solutions. The company was founded on March 9, 2004 and is headquartered in San Francisco, CA.