CyrusOne Inc (NASDAQ:CONE) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.67 by 12 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Wells Fargo initiates coverage on CyrusOne Inc (NASDAQ:CONE) The shares have been rated Outperform. The rating by the firm was issued on June 1, 2016.
CyrusOne Inc (NASDAQ:CONE) shares are expected to touch $54.44 in the short term. This short term price target has been shared by 9 analysts. However, the standard deviation of short term price estimate has been valued at 3.81. The target price could hit $59 on the higher end and $48 on the lower end.
CyrusOne Inc (NASDAQ:CONE) rose 0.97% or 0.5 points on Tuesday and made its way into the gainers of the day. After trading began at $51.76 the stock was seen hitting $52.78 as a peak level and $51.615 as the lowest level. The stock ended up at $52.27. The daily volume was measured at 1,112,864 shares. The 52-week high of the share price is $53.63 and the 52-week low is $29.06. The company has a market cap of $4,161 million.
Shares of Cyrusone Inc. rose by 1.12% in the last five trading days and 7.11% for the last 4 weeks. Cyrusone Inc. is up 23.86% in the last 3-month period. Year-to-Date the stock performance stands at 40.87%.
CyrusOne Inc. (CyrusOne) is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Companys data centers are purpose-built facilities, which have access to a range of telecommunications carriers. It provides mission-critical data center facilities that protect the information technology (IT) infrastructure for its clients. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within the CyrusOne footprint and beyond. As of July 1, 2015, the Company had approximately 900 customers. As of July 1, 2015, the Companys property portfolio included 31 data centers across 12 markets in 10 cities in the United States, London and Singapore. The Companys facilities cover approximately 500,000 gross square feet of space, including over 130,000 colocation square feet and around 100,000 square feet of work area recovery space.