Media headlines about Switch (NYSE:SWCH) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Switch earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.5275263527479 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
SWCH has been the subject of a number of research analyst reports. Goldman Sachs Group initiated coverage on Switch in a report on Tuesday, October 31st. They issued a “neutral” rating for the company. Jefferies Group initiated coverage on Switch in a report on Tuesday, October 31st. They issued a “hold” rating for the company. JPMorgan Chase & Co. initiated coverage on Switch in a report on Tuesday, October 31st. They issued an “overweight” rating and a $22.00 target price for the company. Wells Fargo & Co initiated coverage on Switch in a report on Tuesday, October 31st. They issued a “market perform” rating for the company. Finally, Citigroup initiated coverage on Switch in a report on Tuesday, October 31st. They issued a “neutral” rating and a $22.00 target price for the company. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $21.83.
Shares of Switch (NYSE:SWCH) opened at $15.44 on Friday. The company has a debt-to-equity ratio of 5.18, a quick ratio of 0.34 and a current ratio of 0.34. Switch has a fifty-two week low of $14.06 and a fifty-two week high of $24.90.
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Switch Company Profile
Switch, Inc is a technology infrastructure company. The Company is developer and operator of the SUPERNAP, data center facilities, and provides colocation, telecommunications, cloud services, and content ecosystems. The Company designs, constructs and operates hyperscale data centers that address the growing challenges facing the data center industry.
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