Csquare, Inc. (NYSE:CSQR) Receives Consensus Rating of “Buy” from Analysts

Shares of Csquare, Inc. (NYSE:CSQR) have been given an average rating of “Buy” by the eleven brokerages that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and three have issued a strong buy recommendation on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $28.4444.

CSQR has been the topic of a number of research analyst reports. JPMorgan Chase & Co. assumed coverage on shares of Csquare in a research report on Monday, August 10th. They set a “neutral” rating and a $24.00 price objective on the stock. Scotiabank raised Csquare to a “strong-buy” rating in a research report on Wednesday, August 19th. Morgan Stanley started coverage on Csquare in a research note on Monday, August 10th. They set an “overweight” rating and a $26.00 price target on the stock. Bank of America began coverage on Csquare in a report on Monday, August 10th. They issued a “buy” rating and a $46.00 price target on the stock. Finally, Sanford C. Bernstein began coverage on Csquare in a report on Monday, August 10th. They set an “outperform” rating and a $27.00 price objective for the company.

Csquare Price Performance

NYSE:CSQR opened at $18.39 on Friday. Csquare has a 12 month low of $17.85 and a 12 month high of $23.50.

Csquare Company Profile

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.