In a report released yesterday, Selman Akyol from Stifel Nicolaus maintained a Hold rating on CorEnergy (CORR – Research Report), with a price target of $3.50. The company’s shares closed yesterday at $2.43.
Akyol covers the Industrial Goods sector, focusing on stocks such as Dcp Midstream Partners, Enterprise Products Partners, and Plains All American. According to TipRanks, Akyol has an average return of 1.8% and a 56.55% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for CorEnergy.
See today’s best-performing stocks on TipRanks >>
Based on CorEnergy’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $32.87 million and a net profit of $2.3 million. In comparison, last year the company earned a revenue of $32.3 million and had a net profit of $412.54 thousand
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
CorEnergy Infrastructure Trust, Inc. is a real estate investment trust, which focuses on energy infrastructure such as pipelines, storage terminals, transmission and distribution assets. The company was founded by Richard C. Green, Jr. on September 8, 2005 and is headquartered in Kansas City, MO.
Read More on CORR:
- Olo (OLO) was downgraded to a Hold Rating at Stifel Nicolaus
- SEMrush Holdings (SEMR) Gets a Hold from Stifel Nicolaus
- Stifel Nicolaus Reaffirms Their Hold Rating on Cadre Holdings (CDRE)
- Stifel Nicolaus Sticks to Their Hold Rating for Scotts Miracle-Gro Company (SMG)
- Dutch Bros Inc (BROS) Receives a Hold from Stifel Nicolaus
