why Digital Realty Trust Inc [DLR] is a Good Choice for Investors After New Price Target of $193.35

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Digital Realty Trust Inc [NYSE: DLR] closed the trading session at $164.74.

The stocks have a year to date performance of -7.10 percent and weekly performance of -7.67 percent. The stock has been moved at 11.79 percent over the last six months. The stock has performed -7.69 percent around the most recent 30 days and changed -0.64 percent over the most recent 3-months.

If compared to the average trading volume of 2.08M shares, DLR reached to a volume of 8403448 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Digital Realty Trust Inc [DLR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DLR shares is $193.35 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DLR stock is a recommendation set at 1.82. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JMP Securities have made an estimate for Digital Realty Trust Inc shares, keeping their opinion on the stock as Mkt Outperform, with their previous recommendation back on Jan-28-25. While these analysts kept the previous recommendation, Deutsche Bank raised their target price from $185 to $194. The new note on the price target was released on January 15, 2025, representing the official price target for Digital Realty Trust Inc stock. Previously, the target price had yet another raise from $147 to $205, while UBS kept a Buy rating on DLR stock. On October 04, 2024, analysts increased their price target for DLR shares from 124 to 160.

The Average True Range (ATR) for Digital Realty Trust Inc is set at 5.73, with the Price to Sales ratio for DLR stock in the period of the last 12 months amounting to 9.96. The Price to Book ratio for the last quarter was 2.66, with the Price to Cash per share for the same quarter was set at 6.56.

DLR stock trade performance evaluation

Digital Realty Trust Inc [DLR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.67. With this latest performance, DLR shares dropped by -7.69% in over the last four-week period, additionally plugging by 11.79% over the last 6 months – not to mention a rise of 19.44% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DLR stock in for the last two-week period is set at 33.04, with the RSI for the last a single of trading hit 28.34, and the three-weeks RSI is set at 36.77 for Digital Realty Trust Inc [DLR]. The present Moving Average for the last 50 days of trading for this stock 182.77, while it was recorded at 178.95 for the last single week of trading, and 160.33 for the last 200 days.

Earnings per share (EPS) analysis for Digital Realty Trust Inc [DLR] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DLR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Digital Realty Trust Inc go to -19.06%.

Digital Realty Trust Inc [DLR]: Institutional Ownership

There are presently around $100.70%, or 100.73%% of DLR stock, in the hands of institutional investors. The top three institutional holders of DLR stocks are: VANGUARD GROUP INC with ownership of 50.73 million shares, which is approximately 16.2443%. BLACKROCK INC., holding 34.28 million shares of the stock with an approximate value of $$5.21 billion in DLR stocks shares; and BLACKROCK INC., currently with $$3.56 billion in DLR stock with ownership which is approximately 7.4991%.