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Coresite Realty Corp (NYSE:COR) target price raised to $110.00, reported today by RBC Capital Markets

Coresite Realty Corp (NYSE:COR) had its target price raised to $110.00 by RBC Capital Markets in a report released 6/8/2017. The new target price indicates a possible upside of 0.05% based on the company's last stock close price.

Yesterday Coresite Realty Corp (NYSE:COR) traded -0.06% lower at $105.07. The company’s 50-day moving average is $113.54 and its 200-day moving average is $104.91. The last stock close price is up 8.04% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 399,978 shares of the stock were exchanged, down from an average trading volume of 521,782

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Coresite Realty Corp (NYSE:COR)

Coresite Realty Corp has a 52 week low of $64.81 and a 52 week high of $120.85 with a P/E ratio of 65.21 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its target price, a total of 11 firms have reported on the stock. The consensus target price is $84.45 with 5 firms rating the stock a strong buy, 2 firms rating the stock 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. The Company, through its controlling interest in CoreSite, L.P., 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, New York and San Francisco Bay areas, Chicago, Los Angeles, Boston, Miami and Denver. The enterprises, network operators, cloud providers and supporting service providers choose CoreSite to connect and protect their data, applications and computing workloads. Its offerings include the CoreSite Open Cloud Exchange and the Any2 Internet Exchange. As of December 31, 2016, it had offered cloud-enabled, network data center campuses with over 20,000 interconnections across its portfolio and direct access to carriers and Internet service providers, cloud and information technology service providers, and inter site connectivity.

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