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.

Several hedge funds have recently added to or reduced their stakes in the stock. Flinton Capital Management LLC grew its stake in shares of CyrusOne by 2.1% in the second quarter. Flinton Capital Management LLC now owns 24,378 shares of the real estate investment trust’s stock valued at $1,359,000 after acquiring an additional 510 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of CyrusOne by 32.9% in the second quarter. PNC Financial Services Group Inc. now owns 3,031 shares of the real estate investment trust’s stock valued at $169,000 after acquiring an additional 751 shares in the last quarter. Wealthsource Partners LLC grew its stake in shares of CyrusOne by 7.0% in the second quarter. Wealthsource Partners LLC now owns 11,823 shares of the real estate investment trust’s stock valued at $659,000 after acquiring an additional 775 shares in the last quarter. State Board of Administration of Florida Retirement System grew its stake in shares of CyrusOne by 0.7% in the third quarter. State Board of Administration of Florida Retirement System now owns 123,574 shares of the real estate investment trust’s stock valued at $7,282,000 after acquiring an additional 880 shares in the last quarter. Finally, Comerica Bank grew its stake in shares of CyrusOne by 0.9% in the fourth quarter. Comerica Bank now owns 103,495 shares of the real estate investment trust’s stock valued at $5,881,000 after acquiring an additional 895 shares in the last quarter. Institutional investors and hedge funds own 97.13% of the company’s stock.

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About CyrusOne

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.

Analyst Recommendations for CyrusOne (NASDAQ:CONE)

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