CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Several other research firms have also recently weighed in on CORR. Bank of America Corporation cut shares of CorEnergy Infrastructure Trust from a “neutral” rating to an “underperform” rating and set a $35.00 price target for the company. in a report on Monday, June 26th. ValuEngine raised shares of CorEnergy Infrastructure Trust from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 24th. Finally, Zacks Investment Research upgraded shares of CorEnergy Infrastructure Trust from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. CorEnergy Infrastructure Trust presently has an average rating of “Hold” and an average price target of $35.50.

CorEnergy Infrastructure Trust (NYSE:CORR) opened at 35.35 on Friday. The stock’s 50 day moving average is $33.63 and its 200 day moving average is $34.39. The stock has a market capitalization of $420.74 million, a PE ratio of 14.61 and a beta of 2.07. CorEnergy Infrastructure Trust has a 12-month low of $23.21 and a 12-month high of $37.25.

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A number of institutional investors have recently made changes to their positions in the stock. Atwood & Palmer Inc. bought a new stake in CorEnergy Infrastructure Trust in the 2nd quarter valued at approximately $101,000. Legal & General Group Plc boosted its position in CorEnergy Infrastructure Trust by 0.9% during the 2nd quarter. Legal & General Group Plc now owns 3,189 shares of the asset manager’s stock worth $108,000 after acquiring an additional 30 shares during the last quarter. Synovus Financial Corp acquired a new position in CorEnergy Infrastructure Trust during the 2nd quarter worth approximately $205,000. Voya Investment Management LLC acquired a new position in CorEnergy Infrastructure Trust during the 2nd quarter worth approximately $221,000. Finally, American International Group Inc. boosted its position in CorEnergy Infrastructure Trust by 7.1% during the 1st quarter. American International Group Inc. now owns 7,361 shares of the asset manager’s stock worth $249,000 after acquiring an additional 487 shares during the last quarter. 64.23% of the stock is currently owned by institutional investors and hedge funds.

CorEnergy Infrastructure Trust Company Profile

CorEnergy Infrastructure Trust, Inc (CorEnergy) is focused on acquiring and financing midstream and downstream real estate assets within the United States energy infrastructure sector and concurrently entering into long-term triple-net participating leases with energy companies. The Company also provides other types of capital, including loans secured by energy infrastructure assets.

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