Analysts Set Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC) Price Target at $24.60

Shares of Blackstone Digital Infrastructure Trust Inc. (NYSE:BXDC) have been given an average rating of “Hold” by the thirteen brokerages that are covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $23.7917.

Several analysts have recently commented on the company. Citigroup assumed coverage on Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They issued a “neutral” rating and a $23.00 target price for the company. Deutsche Bank Aktiengesellschaft assumed coverage on Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They issued a “buy” rating and a $24.00 target price for the company. BMO Capital Markets assumed coverage on Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They issued a “market perform” rating and a $23.00 target price for the company. Zacks Research upgraded Blackstone Digital Infrastructure Trust to a “hold” rating in a research note on Tuesday, June 9th. Finally, Sanford C. Bernstein assumed coverage on Blackstone Digital Infrastructure Trust in a research note on Monday, June 8th. They issued an “outperform” rating and a $26.00 target price for the company.

Blackstone Digital Infrastructure Trust Stock Performance

Shares of BXDC opened at $21.77 on Monday. Blackstone Digital Infrastructure Trust has a one year low of $19.60 and a one year high of $22.90.

Insider Buying and Selling at Blackstone Digital Infrastructure Trust

In related news, insider Anthony F. Marone, Jr. purchased 10,000 shares of the business’s stock in a transaction on Friday, May 15th. The stock was acquired at an average price of $20.00 per share, for a total transaction of $200,000.00. Following the purchase, the insider owned 10,000 shares of the company’s stock, valued at approximately $200,000. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Katharine A. Keenan purchased 25,000 shares of the business’s stock in a transaction on Friday, May 15th. The shares were bought at an average price of $20.00 per share, with a total value of $500,000.00. Following the purchase, the director directly owned 25,000 shares in the company, valued at approximately $500,000. The trade was a ∞ increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have acquired 9,557,295 shares of company stock worth $191,145,900.