.png "Coresite Realty (NYSE: COR)")
SunTrust Robinson analyst Gregory Miller reiterated a Buy rating on Coresite Realty (NYSE: COR) on October 25 and set a price target of $120. The company’s shares closed on Friday at $92.57, close to its 52-week low of $89.76.
According to TipRanks.com, Miller is a 5-star analyst with an average return of 10.7% and a 64.5% success rate. Miller covers the Technology sector, focusing on stocks such as GTT Communications, GDS Holdings Ltd, and Wideopenwest Inc.
Currently, the analyst consensus on Coresite Realty is a Moderate Buy with an average price target of $112.67, implying a 21.7% upside from current levels. In a report issued on October 25, MUFG Securities Americas Inc also maintained a Buy rating on the stock with a $113 price target.
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The company has a one-year high of $119.59 and a one-year low of $89.76. Currently, Coresite Realty has an average volume of 364.1K.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2018, Carlyle Realty , Gp, L.L.C., a Major Shareholder at COR sold 2,250,000 shares for a total of $251,797,500.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
