Credit Suisse (SIX:CSGN) analyst Sami Badri maintained a Hold rating on CyrusOne (NASDAQ:CONE) on Friday, setting a price target of $81, which is approximately 12.92% above the present share price of $71.73.
Badri 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 $81.17.
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 $8.79 billion.
According to TipRanks.com, Credit Suisse analyst Sami Badri is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 4.6% and a 57.69% 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.