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Shares of CyrusOne (NASDAQ:CONE) have been given an average rating of “Buy” by the nine analysts that are currently covering the stock, reports. One equities research analyst has rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $28.75.

CONE has been the subject of a number of recent research reports. Analysts at Raymond James reiterated a “strong-buy” rating on shares of CyrusOne in a research note on Thursday. They now have a $30.00 price target on the stock, up previously from $26.00. Separately, analysts at Morgan Stanley raised their price target on shares of CyrusOne to $27.00 in a research note on Thursday. They now have an “overweight” rating on the stock. Finally, analysts at Evercore Partners raised their price target on shares of CyrusOne from $27.00 to $30.00 in a research note on Tuesday, August 5th.

CyrusOne (NASDAQ:CONE) opened at 25.19 on Thursday. CyrusOne has a one year low of $17.41 and a one year high of $26.58. The stock’s 50-day moving average is $25.19 and its 200-day moving average is $22.54. The company’s market cap is $973.8 million.

CyrusOne (NASDAQ:CONE) last released its earnings data on Wednesday, August 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the 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 revenue for the quarter was up 28.5% on a year-over-year basis. Analysts expect that CyrusOne will post $-0.03 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, October 15th. Stockholders of record on Friday, September 26th will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date of this dividend is Wednesday, September 24th.

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

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