Zacks Investment Research upgraded Corenergy Infrastructure Trust Inc (NYSE:CORR) to Hold in a report released today.
- Updated: January 11, 2017
Just yesterday Corenergy Infrastructure Trust Inc (NYSE:CORR) traded -0.90% lower at $36.20. Corenergy Infrastructure Trust Inc’s 50-day moving average is $34.44 and its 200-day moving average is $30.28. The last closing price is up 19.55% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.05% over the same time period. 53,842 shares of CORR traded hands, down from an average trading volume of 156,732
Zacks Investment Research has upgraded Corenergy Infrastructure Trust Inc (NYSE:CORR) to Hold in a report released on 01/11/2017.
Previously on 12/21/2016, Stifel Nicolaus reported on Corenergy Infrastructure Trust Inc (NYSE:CORR) increased the target price from $34.00 to $37.00. At the time, this indicated a possible upside of 0.09%.
Recent Performance Chart
Corenergy Infrastructure Trust Inc has 52 week low of $10.90 and a 52 week high of $36.71 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 3 brokers have issued a research note on the company. The average stock price target is $25.33 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Corenergy Infrastructure Trust Inc (NYSE:CORR)
CorEnergy Infrastructure Trust, Inc. is focused on acquiring and financing midstream and downstream real estate assets within the United States energy infrastructure sector and concurrently entering into long-term triple-net participating leases with energy companies. The Company also provides other types of capital, including loans secured by energy infrastructure assets. The Company owns assets, such as pipelines, storage terminals, and transmission and distribution assets. It assets include Grand Isle Gathering System, which is a subsea, crude oil pipeline system in the Gulf of Mexico; Pinedale Liquids Gathering System, which consists of approximately 150 miles of pipelines; Portland Terminal Facility, which is a rail and marine facility property; MoGas Pipeline System, which delivers natural gas to both investor-owned and municipal local distribution systems, and Omega Pipeline, which provides natural gas marketing services.
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