Truist Financial analyst Anthony Hau maintained a Buy rating on DigitalBridge Group (DBRG – Research Report) on December 18 and set a price target of $20.00. The company’s shares closed yesterday at $17.29.
Hau covers the Real Estate sector, focusing on stocks such as Sun Communities, Rexford Industrial Realty, and Equity Lifestyle. According to TipRanks, Hau has an average return of 4.8% and a 70.00% success rate on recommended stocks.
DigitalBridge Group has an analyst consensus of Strong Buy, with a price target consensus of $21.92, a 26.78% upside from current levels. In a report released on December 6, B.Riley Financial also maintained a Buy rating on the stock with a $27.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Based on DigitalBridge Group’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $234.75 million and a GAAP net loss of $8.66 million. In comparison, last year the company earned a revenue of $289.41 million and had a GAAP net loss of $21.56 million
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.
DigitalBridge Group (DBRG) Company Description:
DigitalBridge is a leading digital infrastructure firm. It invests and operates businesses across the digital ecosystem, which includes data centers, cell towers, fiber, edge infrastructure, and small cells.
Read More on DBRG:
