Zacks Investment Research downgraded CoreSite Realty Corp (NYSE:COR) to Hold in a report released today.
- Updated: October 14, 2016
Zacks Investment Research has downgraded CoreSite Realty Corp (NYSE:COR) to Hold in a report released on 10/14/2016.
Previously on 10/13/2016, Zacks Investment Research reported about CoreSite Realty Corp (NYSE:COR) upped the target price from $0.00 to $86.00 that suggested an upside of 0.19%.
Having a price of $72.12, CoreSite Realty Corp (NYSE:COR) traded 2.17% higher on the day. The last stock close price is down -1.62% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. COR has recorded a 50-day moving average of $76.70 and a 200-day moving average of $78.46. 569,320 shares of COR traded hands, up from an average trading volume of 533,428
Recent Performance Chart
CoreSite Realty Corp has a PE ratio of 57.78 with a one year low of $54.23 and a one year high of $91.91 CoreSite Realty Corp’s market capitalization is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 11 brokerages have issued a ratings update on the company. The average stock price target is $84.45 with five equity analysts rating the company a strong buy, two equity analysts rating the company a buy, six equity analysts rating the company a hold, zero firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information 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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