Csquare, Inc. (NYSE:CSQR) Stock Has Average Price Target of $28.44 According to Brokerages

Shares of Csquare, Inc. (NYSE:CSQR) have received an average recommendation of “Buy” from the eleven research firms that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $28.44.

CSQR has been the topic of several research analyst reports. Bank of America started coverage on shares of Csquare in a research report on Monday, August 10th. They issued a “buy” rating and a $46.00 price objective on the stock. Jefferies Financial Group upgraded shares of Csquare to a “strong-buy” rating in a research report on Friday, August 14th. JPMorgan Chase & Co. assumed coverage on shares of Csquare in a research note on Monday, August 10th. They issued a “neutral” rating and a $24.00 price target for the company. Sanford C. Bernstein started coverage on shares of Csquare in a report on Monday, August 10th. They issued an “outperform” rating and a $27.00 price target on the stock. Finally, Morgan Stanley initiated coverage on shares of Csquare in a research report on Monday, August 10th. They set an “overweight” rating and a $26.00 price objective on the stock.

Csquare Stock Performance

Shares of NYSE CSQR opened at $17.65 on Tuesday. The business has a 50-day simple moving average of $19.25. Csquare has a twelve month low of $15.52 and a twelve 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.