RBC Capital analyst Jonathan Atkin maintained a Buy rating on CyrusOne (NASDAQ:CONE) on Friday, setting a price target of $87, which is approximately 25.58% above the present share price of $69.28.
Atkin expects CyrusOne to post earnings per share (EPS) of -$0.32 for the fourth quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in CyrusOne, with an average price target of $84.9.
The analysts price targets range from a high of $97 to a low of $80.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $262.8 million and a net profit of $5.8 million. The company's market cap is $8.34 billion.
According to TipRanks.com, RBC Capital analyst Jonathan Atkin is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.3% and a 80.26% 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.