Shares of Csquare, Inc. (NYSE:CSQR – Get Free Report) gapped up prior to trading on Monday. The stock had previously closed at $13.72, but opened at $14.64. Csquare shares last traded at $15.06, with a volume of 30,549 shares trading hands.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. Scotiabank raised Csquare to a “strong-buy” rating in a report on Wednesday, August 19th. Morgan Stanley started coverage on Csquare in a research report on Monday, August 10th. They issued an “overweight” rating and a $26.00 target price on the stock. Zacks Research upgraded shares of Csquare to a “hold” rating in a report on Thursday, August 20th. Weiss Ratings initiated coverage on shares of Csquare in a research report on Monday, October 12th. They set a “sell (d)” rating for the company. Finally, Jefferies Financial Group upgraded shares of Csquare to a “strong-buy” rating in a research note on Friday, August 14th. Three equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $28.44.
Check Out Our Latest Stock Report on CSQR
Csquare Stock Up 7.1%
The firm’s 50 day moving average price is $16.76.
About Csquare
Csquare Inc is a provider of carrier-neutral data center solutions. The company’s digital infrastructure platform offers carrier-neutral colocation and interconnection services which support the applications. Csquare Inc is based in COPPELL, Texas.
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