http://www.americanbankingnews.com/getthestreet upgraded shares of DigitalGlobe (NYSE: DGI) from a hold rating to a buy rating in a research note released on Wednesday morning.
“DigitalGlobe (DGI) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.”
,” TheStreet’s analyst commented.
Shares of DigitalGlobe opened at 26.08 on Wednesday. DigitalGlobe has a 52 week low of $11.61 and a 52 week high of $30.50. The stock’s 50-day moving average is currently $27.87. The company has a market cap of $1.228 billion and a P/E ratio of 31.05.
Separately, analysts at Jefferies Group raised their price target on shares of DigitalGlobe from $32.00 to $36.00 in a research note to investors on Thursday, February 7th. They now have a buy rating on the stock.
Four research analysts have rated the stock with a buy rating, three have given a hold rating, and one has issued an underweight rating to the company’s stock. DigitalGlobe presently has a consensus rating of overweight and an average price target of $30.42.
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