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Research analysts at Evercore Partners raised their target price on shares of CyrusOne (NASDAQ:CONE) from $27.00 to $30.00 in a report released on Tuesday. Evercore Partners’ price target suggests a potential upside of 18.62% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays initiated coverage on shares of CyrusOne in a research note on Thursday, July 24th. They set an “equal weight” rating and a $29.00 price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of CyrusOne from $25.00 to $29.00 in a research note on Tuesday, July 22nd. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of CyrusOne from $28.00 to $30.00 in a research note on Tuesday, July 22nd. They now have a “buy” rating on the stock. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $28.21.

Shares of CyrusOne (NASDAQ:CONE) traded up 2.06% during mid-day trading on Tuesday, hitting $25.29. 475,065 shares of the company’s stock traded hands. CyrusOne has a 1-year low of $17.41 and a 1-year high of $26.58. The stock’s 50-day moving average is $24.95 and its 200-day moving average is $22.46. The company’s market cap is $573.5 million.

CyrusOne (NASDAQ:CONE) last released its earnings data on Wednesday, May 7th. The company reported $0.42 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.38 by $0.04. The company had revenue of $77.50 million for the quarter, compared to the consensus estimate of $74.29 million. CyrusOne’s revenue was up 29.0% compared to the same quarter last year. On average, analysts predict that CyrusOne will post $0.10 earnings per share for the current fiscal year.

CyrusOne Inc, is a owner, operator and developer of enterprise-class, carrier-neutral data center properties.

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