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Credit Suisse Stick to Their Buy Rating for Coresite Realty Corp.

Published 07/31/2021, 05:04 AM
Updated 07/31/2021, 05:04 AM


Credit Suisse (SIX:CSGN) analyst Credit Suisse maintained a Buy rating on Coresite Realty (NYSE:COR) Corp. on Friday, setting a price target of $161, which is approximately 16.49% above the present share price of $138.21.

expects Coresite Realty Corp. to post earnings per share (EPS) of $0.52 for the third quarter of 2021.

The current consensus among 12 TipRanks analysts is for a Hold rating of shares in Coresite Realty, with an average price target of $136.92.
The analysts price targets range from a high of $161 to a low of $118.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $157.64 million and a net profit of $37.05 million. The company's market cap is $5.94 billion.

According to TipRanks.com, Credit Suisse analyst Credit Suisse is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.3% and a 61.83% success rate.

CoreSite Realty Corp . is a real estate investment trust, which engages in the ownership, acquisition, construction and operation of strategically located data centers. The firm also offers collocation and interconnection solutions for networks, cloud services, and industry solutions. The company was founded in 2001 and is headquartered in Denver, CO.

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