In a report released yesterday, Jeremy Metz from BMO Capital reiterated a Hold rating on Coresite Realty (COR), with a price target of $105. The company’s shares closed yesterday at $99.28.
According to TipRanks.com, Metz is a 2-star analyst with an average return of -0.3% and a 52.5% success rate. Metz covers the Financial sector, focusing on stocks such as Monmouth Real Estate Investment, American Finance Trust Inc, and Extra Space Storage.
The word on The Street in general, suggests a Hold analyst consensus rating for Coresite Realty with a $102.83 average price target, implying a 3.6% upside from current levels. In a report issued on January 31, Guggenheim also reiterated a Hold rating on the stock with a $100 price target.
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Coresite Realty’s market cap is currently $3.64B and has a P/E ratio of 44.76. The company has a Price to Book ratio of 15.03.
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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.
