CoreSite Realty Corporation – Consensus Indicates Potential -9.9% Downside

Broker Ratings

CoreSite Realty Corporation with ticker code (COR) now have 17 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 162 and 100 with the average target price sitting at 138.94. Given that the stocks previous close was at 154.16 this would imply there is a potential downside of -9.9%. There is a 50 day moving average of 142.1 and the 200 day moving average is 128.59. The market capitalisation for the company is $6,824m. Company Website: http://www.CoreSite.com

CoreSite Realty Corporation (NYSE:COR) delivers secure, reliable, high-performance data center, cloud access and interconnection solutions to a growing customer ecosystem across eight key North American markets. More than 1,375 of the world’s leading enterprises, network operators, cloud providers, and supporting service providers choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads. Our scalable, flexible solutions and 460+ dedicated employees consistently deliver unmatched data center options — all of which leads to a best-in-class customer experience and lasting relationships.

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