Jefferies (NYSE:JEF) analyst Jonathan Petersen maintained a Buy rating on CyrusOne (NASDAQ:CONE) on Monday, setting a price target of $80, which is approximately 4.19% below the present share price of $83.5.
Petersen expects CyrusOne to post earnings per share (EPS) of $0.13 for the third quarter of 2020.
The current consensus among 15 TipRanks analysts is for a Moderate Buy rating of shares in CyrusOne, with an average price target of $85.92.
The analysts price targets range from a high of $95 to a low of $74.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $245.9 million and a net profit of $13.6 million. The company's market cap is $9.76 billion.
According to TipRanks.com, Jefferies analyst Jonathan Petersen is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.2% and a 72.59% 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.