Barclays (LON:BARC) analyst Tim Long maintained a Hold rating on CyrusOne (NASDAQ:CONE) on Friday, setting a price target of $77, which is approximately 8.04% above the present share price of $71.27.
Long expects CyrusOne to post earnings per share (EPS) of $0.15 for the third quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in CyrusOne, with an average price target of $80.67.
The analysts price targets range from a high of $85 to a low of $75.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $298.6 million and a net profit of $14.6 million. The company's market cap is $8.84 billion.
According to TipRanks.com, Barclays analyst Tim Long is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.3% and a 66.86% success rate.
CyrusOne, Inc. is a real estate investment trust, which specializes in the enterprise-class, carrier-neutral data center properties. The firm provides data center facilities that protect and ensure the continued operation of IT infrastructure. Its data center properties are purpose-built facilities with redundant power, cooling and telecommunications systems and that are not network-specific, enabling customer interconnectivity to a range of telecommunications carriers. The company was founded on July 31, 2012 and is headquartered in Dallas, TX.