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Shares of CyrusOne (NASDAQ:CONE) have received an average rating of “Buy” from the nine ratings firms that are covering the stock, American Banking reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $28.21.

CyrusOne (NASDAQ:CONE) traded down 2.55% on Thursday, hitting $25.015. The stock had a trading volume of 106,722 shares. CyrusOne has a 52-week low of $17.41 and a 52-week high of $26.58. The stock’s 50-day moving average is $25.09 and its 200-day moving average is $22.51. The company’s market cap is $567.3 million.

CyrusOne (NASDAQ:CONE) last released its earnings data on Wednesday, August 6th. The company reported ($0.06) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.04 by $0.10. The company had revenue of $81.70 million for the quarter, compared to the consensus estimate of $79.42 million. The company’s quarterly revenue was up 28.5% on a year-over-year basis. Analysts expect that CyrusOne will post $0.09 EPS for the current fiscal year.

A number of research firms have recently commented on CONE. Analysts at Evercore Partners raised their price target on shares of CyrusOne from $27.00 to $30.00 in a research note on Tuesday. Separately, 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. Finally, 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.

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

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