CorEnergy Infrastructure Trust, Inc. (CORR) Upgraded at ValuEngine

ValuEngine upgraded shares of CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) from a buy rating to a strong-buy rating in a research note released on Monday.

Several other research analysts also recently commented on CORR. BidaskClub raised shares of CorEnergy Infrastructure Trust from a hold rating to a buy rating in a report on Thursday, August 3rd. Zacks Investment Research downgraded shares of CorEnergy Infrastructure Trust from a hold rating to a sell rating in a report on Friday, August 11th. Finally, Bank of America Corporation downgraded shares of CorEnergy Infrastructure Trust from a neutral rating to an underperform rating and set a $35.00 price target for the company. in a report on Monday, June 26th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of $35.33.

Shares of CorEnergy Infrastructure Trust (NYSE CORR) traded up 0.0228% during midday trading on Monday, hitting $36.4683. The company had a trading volume of 26,822 shares. CorEnergy Infrastructure Trust has a 12-month low of $25.10 and a 12-month high of $37.25. The company has a market capitalization of $434.05 million, a price-to-earnings ratio of 15.0758 and a beta of 2.10. The company’s 50-day moving average price is $34.16 and its 200 day moving average price is $34.69.

WARNING: “CorEnergy Infrastructure Trust, Inc. (CORR) Upgraded at ValuEngine” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another publication, it was illegally copied and republished in violation of U.S. and international copyright and trademark laws. The original version of this story can be viewed at https://ledgergazette.com/2017/10/19/corenergy-infrastructure-trust-inc-corr-upgraded-at-valuengine.html.

Large investors have recently made changes to their positions in the business. Atwood & Palmer Inc. bought a new position in CorEnergy Infrastructure Trust in the 2nd quarter valued at $101,000. Legal & General Group Plc boosted its holdings in CorEnergy Infrastructure Trust by 0.9% in the 2nd quarter. Legal & General Group Plc now owns 3,189 shares of the asset manager’s stock valued at $108,000 after purchasing an additional 30 shares during the period. Synovus Financial Corp bought a new position in CorEnergy Infrastructure Trust in the 2nd quarter valued at $205,000. Voya Investment Management LLC bought a new position in CorEnergy Infrastructure Trust in the 2nd quarter valued at $221,000. Finally, American International Group Inc. boosted its holdings in CorEnergy Infrastructure Trust by 7.1% in the 1st quarter. American International Group Inc. now owns 7,361 shares of the asset manager’s stock valued at $249,000 after purchasing an additional 487 shares during the period. 6

Several other research analysts also recently commented on CORR. BidaskClub raised shares of CorEnergy Infrastructure Trust from a hold rating to a buy rating in a report on Thursday, August 3rd. Zacks Investment Research downgraded shares of CorEnergy Infrastructure Trust from a hold rating to a sell rating in a report on Friday, August 11th. Finally, Bank of America Corporation downgraded shares of CorEnergy Infrastructure Trust from a neutral rating to an underperform rating and set a $35.00 price target for the company. in a report on Monday, June 26th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of $35.33.

Shares of CorEnergy Infrastructure Trust (NYSE CORR) traded up 0.0228% during midday trading on Monday, hitting $36.4683. The company had a trading volume of 26,822 shares. CorEnergy Infrastructure Trust has a 12-month low of $25.10 and a 12-month high of $37.25. The company has a market capitalization of $434.05 million, a price-to-earnings ratio of 15.0758 and a beta of 2.10. The company’s 50-day moving average price is $34.16 and its 200 day moving average price is $34.69.

WARNING: “CorEnergy Infrastructure Trust, Inc. (CORR) Upgraded at ValuEngine” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another publication, it was illegally copied and republished in violation of U.S. and international copyright and trademark laws. The original version of this story can be viewed at https://ledgergazette.com/2017/10/19/corenergy-infrastructure-trust-inc-corr-upgraded-at-valuengine.html.

Large investors have recently made changes to their positions in the business. Atwood & Palmer Inc. bought a new position in CorEnergy Infrastructure Trust in the 2nd quarter valued at $101,000. Legal & General Group Plc boosted its holdings in CorEnergy Infrastructure Trust by 0.9% in the 2nd quarter. Legal & General Group Plc now owns 3,189 shares of the asset manager’s stock valued at $108,000 after purchasing an additional 30 shares during the period. Synovus Financial Corp bought a new position in CorEnergy Infrastructure Trust in the 2nd quarter valued at $205,000. Voya Investment Management LLC bought a new position in CorEnergy Infrastructure Trust in the 2nd quarter valued at $221,000. Finally, American International Group Inc. boosted its holdings in CorEnergy Infrastructure Trust by 7.1% in the 1st quarter. American International Group Inc. now owns 7,361 shares of the asset manager’s stock valued at $249,000 after purchasing an additional 487 shares during the period. 64.23% of the stock is owned by hedge funds and other institutional investors.

About CorEnergy Infrastructure Trust

CorEnergy Infrastructure Trust, Inc (CorEnergy) is focused on acquiring and financing midstream and downstream real estate assets within the United States energy infrastructure sector and concurrently entering into long-term triple-net participating leases with energy companies. The Company also provides other types of capital, including loans secured by energy infrastructure assets.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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