Blackstone Digital Infrastructure Trust (NYSE:BXDC) Upgraded at Royal Bank Of Canada

Blackstone Digital Infrastructure Trust (NYSE:BXDC) was upgraded by analysts at Royal Bank Of Canada to a “moderate buy” rating in a report released on Monday,Zacks.com reports.

Other equities analysts have also issued reports about the company. Bank of America started coverage on Blackstone Digital Infrastructure Trust in a research note on Monday. They issued a “neutral” rating and a $22.50 price objective on the stock. Deutsche Bank Aktiengesellschaft started coverage on Blackstone Digital Infrastructure Trust in a research note on Monday. They issued a “buy” rating and a $24.00 price objective on the stock. Citigroup started coverage on Blackstone Digital Infrastructure Trust in a research note on Monday. They issued a “neutral” rating and a $23.00 price objective on the stock. Moffett Nathanson started coverage on Blackstone Digital Infrastructure Trust in a research note on Monday. They issued a “neutral” rating and a $21.00 price objective on the stock. Finally, BNP Paribas Exane started coverage on Blackstone Digital Infrastructure Trust in a research note on Monday. They issued an “outperform” rating and a $26.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.86.

Blackstone Digital Infrastructure Trust Trading Up 1.1%

NYSE BXDC opened at $22.07 on Monday. Blackstone Digital Infrastructure Trust has a fifty-two week low of $19.60 and a fifty-two week high of $22.90.

Insider Activity at Blackstone Digital Infrastructure Trust

In other Blackstone Digital Infrastructure Trust news, Director Diane M. Morefield bought 5,000 shares of Blackstone Digital Infrastructure Trust stock in a transaction dated Friday, May 15th. The shares were acquired at an average cost of $20.00 per share, with a total value of $100,000.00. Following the acquisition, the director directly owned 12,500 shares of the company’s stock, valued at $250,000. The trade was a 66.67% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Katharine A. Keenan bought 25,000 shares of Blackstone Digital Infrastructure Trust stock in a transaction dated Friday, May 15th. The stock was acquired at an average cost of $20.00 per share, for a total transaction of $500,000.00. Following the completion of the acquisition, the director directly owned 25,000 shares in the company, valued at $500,000. This represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders acquired 9,557,295 shares of company stock valued at $191,145,900.