QTS Realty Trust (QTS) is Initiated by JP Morgan to Overweight , according to the research report released to the investors. The shares recommendation by the Brokerage Firm was released on Dec-22-2015.
QTS Realty Trust, Inc. (NYSE:QTS) : On Thursday heightened volatility was witnessed in QTS Realty Trust, Inc. (NYSE:QTS) which led to swings in the share price. The shares opened for trading at $43.3 and hit $43.53 on the upside , eventually ending the session at $43.31, with a gain of 0.25% or 0.11 points. The heightened volatility saw the trading volume jump to 192,732 shares. The 52-week high of the share price is $46.38 and the company has a market cap of $1,782 million. The 52-week low of the share price is at $30.95 .
During the last several months other analysts have commented on the company rating. In the latest statement by the brokerage house, Stifel Nicolaus downgrades its outlook on QTS Realty Trust, Inc. (NYSE:QTS). The current rating of the shares is Hold, according to the research report released by the firm. Previously, the company had a rating of Buy. The rating by the firm was issued on October 2, 2015.
QTS Realty Trust, Inc. (NYSE:QTS) has received a hold rating for the short term, according to the latest rank of 3 from research firm, Zacks. The company received an average rating of 1.43 from 7 analysts. 5 have rated it as a strong buy. 1 analysts recommended buying the shares. 1 analysts have rated the company at hold.
QTS Realty Trust, Inc. (NYSE:QTS) stock has received a short term price target of $ 47 from 8 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $2.39. The higher estimate of target price is $50 , while the lower price target estimate is $43
Shares of QTS Realty Trust, Inc. rose by 4.82% in the last five trading days and 1.6% for the last 4 weeks. QTS Realty Trust, Inc. is up 3.43% in the last 3-month period. Year-to-Date the stock performance stands at 32.26%.”
QTS Realty Trust, Inc., is a owner, developer and operator of carrier-neutral, multi-tenant data centers. The Company’s data centers are facilities that house the network and computer equipment of multiple customers and provide access to a range of communications carriers. The Company has a fully integrated platform through which it owns and operates its data centers and provides a range of information technology (IT) infrastructure solutions. The Company refer to its spectrum of core data center products as its 3Cs which consists of Custom Data Center, Colocation and Cloud and Managed Services. In July 2014, QTS Realty Trust Inc acquired data center facility in East Windsor, New Jersey, from McGraw Hill Financial Inc. In July 2014, QTS Realty Trust Inc completed the acquisition of the former Sun Times Press facility.