Corenergy Infrastructure Trust (NYSE:CORR) Stock Rating Upgraded by ValuEngine
Several other research analysts also recently weighed in on the company. Zacks Investment Research downgraded Corenergy Infrastructure Trust from a buy rating to a strong sell rating in a research note on Thursday, April 16th. DA Davidson cut their target price on Corenergy Infrastructure Trust from $15.00 to $8.00 and set an underperform rating for the company in a research note on Friday, June 26th. Finally, Stifel Nicolaus cut their target price on Corenergy Infrastructure Trust from $44.00 to $15.00 and set a hold rating for the company in a research note on Tuesday, April 14th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a strong buy rating to the company’s stock. Corenergy Infrastructure Trust presently has a consensus rating of Hold and an average price target of $16.67.
CORR stock opened at $9.64 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 17.16 and a current ratio of 17.16. The company has a market capitalization of $119.31 million, a price-to-earnings ratio of -24.72 and a beta of 1.21. Corenergy Infrastructure Trust has a fifty-two week low of $8.45 and a fifty-two week high of $49.75. The stock has a fifty day moving average of $11.19 and a 200-day moving average of $27.59.
About Corenergy Infrastructure Trust
CorEnergy Infrastructure Trust, Inc (NYSE: CORR, CORRPrA), is a real estate investment trust (REIT) that owns critical energy assets, such as pipelines, storage terminals, and transmission and distribution assets. We receive long-term contracted revenue from operators of our assets, primarily under triple-net participating leases.
Featured Story: How Do You Calculate Return on Investment (ROI)?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Corenergy Infrastructure Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corenergy Infrastructure Trust and related companies with MarketBeat.com's FREE daily email newsletter.