CyrusOne Inc. (NASDAQ:CONE) received a $55.00 price target from investment analysts at Jefferies Group in a report released on Friday. The brokerage currently has a “buy” rating on the stock. Jefferies Group’s price objective would indicate a potential upside of 27.17% from the stock’s previous close.

A number of other research firms also recently commented on CONE. Bank of America Corp. set a $58.00 price objective on CyrusOne and gave the stock a “buy” rating in a report on Wednesday, August 10th. Barclays PLC upgraded CyrusOne from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $50.00 to $57.00 in a report on Thursday, August 18th. Zacks Investment Research upgraded CyrusOne from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 1st. Finally, Deutsche Bank AG restated a “buy” rating and issued a $59.00 price objective (up previously from $57.00) on shares of CyrusOne in a report on Tuesday, November 1st. Two equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. CyrusOne has a consensus rating of “Buy” and an average target price of $55.82.

Analyst Recommendations for CyrusOne (NASDAQ:CONE)

CyrusOne (NASDAQ:CONE) traded up 1.74% during mid-day trading on Friday, reaching $43.25. 466,943 shares of the company’s stock traded hands. CyrusOne has a 12 month low of $32.42 and a 12 month high of $57.00. The firm’s 50-day moving average price is $44.40 and its 200 day moving average price is $49.46.

CyrusOne (NASDAQ:CONE) last released its quarterly earnings data on Monday, October 31st. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.05. CyrusOne had a return on equity of 1.78% and a net margin of 3.58%. The firm had revenue of $143.80 million for the quarter, compared to the consensus estimate of $136.21 million. During the same quarter in the prior year, the company posted $0.57 earnings per share. The firm’s revenue was up 29.3% on a year-over-year basis. Equities analysts predict that CyrusOne will post $2.61 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 13th. Stockholders of record on Friday, December 30th will be given a $0.38 dividend. The ex-dividend date is Wednesday, December 28th. This represents a $1.52 annualized dividend and a dividend yield of 3.51%. CyrusOne’s dividend payout ratio is 723.84%.

COPYRIGHT VIOLATION WARNING: This piece of content was published by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are viewing this piece of content on another publication, it was copied illegally and reposted in violation of United States and international copyright law. The correct version of this piece of content can be accessed at

Several large investors have recently bought and sold shares of CONE. Geode Capital Management LLC boosted its stake in CyrusOne by 11.6% in the first quarter. Geode Capital Management LLC now owns 477,319 shares of the company’s stock valued at $21,789,000 after buying an additional 49,668 shares in the last quarter. Springbok Capital Management LLC acquired a new stake in CyrusOne during the first quarter valued at $103,000. BNP Paribas Arbitrage SA boosted its stake in CyrusOne by 33.0% in the second quarter. BNP Paribas Arbitrage SA now owns 17,480 shares of the company’s stock valued at $973,000 after buying an additional 4,340 shares in the last quarter. DAVENPORT & Co LLC acquired a new stake in CyrusOne during the second quarter valued at $320,000. Finally, Nisa Investment Advisors LLC boosted its stake in CyrusOne by 733.3% in the second quarter. Nisa Investment Advisors LLC now owns 5,000 shares of the company’s stock valued at $278,000 after buying an additional 4,400 shares in the last quarter. 91.77% of the stock is owned by institutional investors.

About CyrusOne

CyrusOne Inc is a real estate investment trust. The Company is an owner, operator and developer of enterprise-class, carrier-neutral, multi-tenant data center properties. The Company’s data centers are generally purpose-built facilities with redundant power and cooling. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites within the CyrusOne footprint and beyond.

5 Day Chart for NASDAQ:CONE

Receive News & Stock Ratings for CyrusOne Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CyrusOne Inc. and related stocks with our FREE daily email newsletter.