CyrusOne (CONE) Upgraded to Sell at BidaskClub
BidaskClub upgraded shares of CyrusOne (NASDAQ:CONE) from a strong sell rating to a sell rating in a research note published on Saturday morning.
Other equities analysts have also issued reports about the stock. Jefferies Group reissued a buy rating and issued a $69.00 price objective on shares of CyrusOne in a research report on Monday, October 16th. UBS Group reissued a buy rating and issued a $70.00 price objective (up from $63.00) on shares of CyrusOne in a research report on Wednesday, November 1st. Cowen reissued a buy rating and issued a $78.00 price objective on shares of CyrusOne in a research report on Wednesday, November 1st. Deutsche Bank reissued a buy rating and issued a $71.00 price objective on shares of CyrusOne in a research report on Friday, November 10th. Finally, Barclays reissued a buy rating and issued a $69.00 price objective on shares of CyrusOne in a research report on Friday, January 19th. Two analysts have rated the stock with a sell rating, two have given a hold rating and twelve have assigned a buy rating to the company. CyrusOne has an average rating of Buy and a consensus target price of $66.92.
CyrusOne (NASDAQ:CONE) opened at $55.74 on Friday. The firm has a market cap of $5,090.00, a PE ratio of -56.88, a PEG ratio of 0.91 and a beta of 0.70. CyrusOne has a 1 year low of $46.41 and a 1 year high of $65.73. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.48 and a quick ratio of 0.48.
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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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