In a report released yesterday, Jade Rahmani from KBW assigned a Buy rating to DigitalBridge Group (DBRG – Research Report), with a price target of $18.50. The company’s shares closed yesterday at $14.65.
Rahmani covers the Real Estate sector, focusing on stocks such as DigitalBridge Group, Arbor Realty, and American Homes. According to TipRanks, Rahmani has an average return of 16.6% and a 76.70% success rate on recommended stocks.
DigitalBridge Group has an analyst consensus of Strong Buy, with a price target consensus of $20.38, implying a 39.11% upside from current levels. In a report released on May 1, J.P. Morgan also maintained a Buy rating on the stock with a $23.00 price target.
The company has a one-year high of $20.98 and a one-year low of $10.36. Currently, DigitalBridge Group has an average volume of 2.45M.
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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.
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