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

Csquare, Inc. (NYSE:CSQR) has been assigned a consensus recommendation of “Moderate Buy” from the twelve research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, six have given a buy recommendation and three have assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $28.44.

A number of analysts have recently issued reports on the company. BMO Capital Markets assumed coverage on Csquare in a report on Monday, August 10th. They issued an “outperform” rating and a $26.00 target price for the company. Scotiabank raised Csquare to a “strong-buy” rating in a research report on Wednesday, August 19th. Royal Bank Of Canada assumed coverage on Csquare in a research report on Monday, August 10th. They set an “outperform” rating and a $24.00 price target on the stock. Wells Fargo & Company started coverage on Csquare in a research note on Monday, August 10th. They issued an “overweight” rating and a $25.00 price objective for the company. Finally, Bank of America assumed coverage on Csquare in a research report on Monday, August 10th. They set a “buy” rating and a $46.00 price objective for the company.

Csquare Trading Down 11.6%

Csquare stock opened at $13.21 on Friday. The stock has a 50 day moving average price of $17.38. Csquare has a fifty-two week low of $12.30 and a fifty-two week high of $23.50.

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.