Csquare, Inc. (NYSE:CSQR) Stock Now Rated “Buy” by Sell-Side Analysts

Shares of Csquare, Inc. (NYSE:CSQR) have been given a consensus recommendation of “Buy” by the eleven brokerages that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, six have given a buy rating and three have assigned a strong buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $28.44.

A number of research analysts recently issued reports on the stock. Royal Bank Of Canada started coverage on shares of Csquare in a research note on Monday, August 10th. They issued an “outperform” rating and a $24.00 price objective on the stock. JPMorgan Chase & Co. started coverage on Csquare in a research note on Monday, August 10th. They issued a “neutral” rating and a $24.00 price objective on the stock. BMO Capital Markets started coverage on Csquare in a research report on Monday, August 10th. They issued an “outperform” rating and a $26.00 target price on the stock. Wells Fargo & Company began coverage on Csquare in a research note on Monday, August 10th. They set an “overweight” rating and a $25.00 target price for the company. Finally, Jefferies Financial Group raised shares of Csquare to a “strong-buy” rating in a report on Friday, August 14th.

Csquare Price Performance

CSQR stock opened at $17.49 on Tuesday. Csquare has a 52 week low of $15.52 and a 52 week high of $23.50. The company has a 50-day moving average of $19.34.

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.