Stifel recorded CoreSite Realty (NYSE:COR), bumping up its stock price target to $75.00 today
- Updated: October 2, 2016
Just yesterday CoreSite Realty (NYSE:COR) traded -1.96% lower at $74.04. CoreSite Realty’s 50-day moving average is $78.50 and its 200-day moving average is $78.13. The last closing price is down -5.23% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 481,316 shares of COR traded hands, down from an average trading volume of 546,634
In a report released on 10/3/2016 Stifel increased the stock price target of CoreSite Realty (NYSE:COR) to $75.00 reporting a possible upside of 0.01%.
Recent Performance Chart
CoreSite Realty has 52 week low of $53.13 and a 52 week high of $91.91 with a PE ratio of 55.42 and has a market capitalization of $0.
In addition to Stifel 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 (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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