Switch Inc (NYSE: SWCH) received a Hold rating from Raymond James analyst Frank Louthan today. The company’s shares closed yesterday at $13.98, close to its 52-week low of $11.85.
According to TipRanks.com, Louthan is a 4-star analyst with an average return of 6.3% and a 62.9% success rate. Louthan covers the Technology sector, focusing on stocks such as Frontier Communications Corporation, GDS Holdings Ltd, and T Mobile US.
Switch Inc has an analyst consensus of Moderate Buy, with a price target consensus of $15.25.
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The company has a one-year high of $24.90 and a one-year low of $11.85. Currently, Switch Inc has an average volume of 980.8K.
Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is negative on the stock.
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Switch, Inc. (Nevada) engages in the provision of technology infrastructure. It specializes in the development of digital platforms for digital media companies, cloud and managed service providers, financial institutions, and telecommunications providers. It operates through the following segments: Colocation, Connectivity, and Other.
