CyrusOne (NASDAQ:CONE) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a note issued to investors on Saturday.
CONE has been the topic of several other reports. Deutsche Bank reissued a “buy” rating and issued a $71.00 target price on shares of CyrusOne in a report on Friday, November 10th. Zacks Investment Research downgraded CyrusOne from a “hold” rating to a “sell” rating in a report on Tuesday, January 9th. Morgan Stanley boosted their target price on CyrusOne from $63.00 to $70.00 and gave the stock an “overweight” rating in a report on Friday, November 17th. Cowen reissued a “buy” rating and issued a $78.00 target price on shares of CyrusOne in a report on Wednesday, November 1st. Finally, Mitsubishi UFJ Financial Group raised CyrusOne from a “neutral” rating to an “overweight” rating in a report on Tuesday, October 31st. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and twelve have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $66.92.
CyrusOne (NASDAQ CONE) traded up $0.04 during trading on Friday, reaching $56.97. The company’s stock had a trading volume of 807,964 shares, compared to its average volume of 1,102,014. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 1.56. CyrusOne has a twelve month low of $46.41 and a twelve month high of $65.73. The company has a market capitalization of $5,198.22, a P/E ratio of -58.73, a price-to-earnings-growth ratio of 0.91 and a beta of 0.70.
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CyrusOne Company Profile
CyrusOne Inc is a real estate investment trust. The Company is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Company’s data centers are generally purpose-built facilities with redundant power and cooling. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within its footprint and beyond.
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