Berenberg Bank analyst Nathan Crossett maintained a Buy rating on CyrusOne (NASDAQ:CONE) on Thursday, setting a price target of $93, which is approximately 15.08% above the present share price of $80.81.
Crossett expects CyrusOne to post earnings per share (EPS) of $0.06 for the fourth quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Moderate Buy rating of shares in CyrusOne, with an average price target of $84.47.
The analysts price targets range from a high of $100 to a low of $75.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $284.6 million and a net profit of $18.8 million. The company's market cap is $10.02 billion.
According to TipRanks.com, Berenberg Bank analyst Nathan Crossett is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 16.8% and a 70.83% 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.