A statement released earlier today by Zacks Investment Research about CoreSite Realty Corp (NYSE:COR) ups the target price to $86.00
- Updated: October 13, 2016
Having a price of $72.12, CoreSite Realty Corp (NYSE:COR) traded 2.17% higher on the day. With the last close down -1.62% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. CoreSite Realty Corp has recorded a 50-day average of $76.70 and a two hundred day average of $78.46. Volume of trade was up over the average, with 569,320 shares of COR changing hands over the typical 533,428
In a report issued 10/13/2016 Zacks Investment Research increased the target of CoreSite Realty Corp (NYSE:COR) to $86.00 indicating a possible upside of 0.19%.
Recent Performance Chart
CoreSite Realty Corp has 52 week low of $54.23 and a 52 week high of $91.91 with a PE ratio of 57.78 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 11 brokers have issued a research note on CoreSite Realty Corp. The 12-month price target is $84.45 with five brokerages rating the company a strong buy, two brokerages rating the company a buy, 6 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About CoreSite Realty Corp (NYSE:COR)
CoreSite Realty Corporation (CoreSite) is an integrated, self-administered and self-managed real estate investment trust (REIT). Through its controlling interest in CoreSite, L.P. (Operating Partnership), the Company is engaged in the business of ownership, acquisition, construction and operation of data centers across a range of markets in the United States, including the Northern Virginia (including Washington D.C.), New York and San Francisco Bay areas, Chicago, Los Angeles, Boston, Miami and Denver. It delivers data center and interconnection solutions across approximately eight North American markets. It offers colocation and interconnection solutions for networks, cloud and information technology (IT) service providers and enterprise companies spanning a range of industries. The Company connects and delivers data and information technology infrastructure to approximately 900 enterprises, network operators, cloud providers and supporting service providers.
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