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Digital Core REIT ( (SG:DCRU) ) has provided an announcement.
Digital Core REIT reports that the data center industry is experiencing tightened fundamentals due to the explosive growth of artificial intelligence workloads, leading to robust demand. The constraints in the supply chain, such as longer equipment lead-times and scarcity of skilled labor, along with limited power availability, are keeping vacancy rates low and supporting market pricing. This situation presents a compelling opportunity for investors, given the sector’s inelastic demand profile and attractive valuations.
The most recent analyst rating on (SG:DCRU) stock is a Buy with a $0.50 price target. To see the full list of analyst forecasts on Digital Core REIT stock, see the SG:DCRU Stock Forecast page.
More about Digital Core REIT
Average Trading Volume: 3,283,180
Technical Sentiment Signal: Sell
Current Market Cap: $619.4M
Find detailed analytics on DCRU stock on TipRanks’ Stock Analysis page.