UBS upgraded shares of Switch (NYSE:SWCH) from a market perform rating to an outperform rating in a research report report published on Monday, March 12th, The Fly reports.
SWCH has been the topic of a number of other research reports. Credit Suisse Group set a $22.00 target price on shares of Switch and gave the company a buy rating in a research note on Wednesday, February 7th. Zacks Investment Research raised shares of Switch from a hold rating to a buy rating and set a $20.00 target price on the stock in a research note on Thursday, January 11th. Finally, Cowen began coverage on shares of Switch in a research note on Friday, January 19th. They issued an underweight rating on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of Buy and an average target price of $21.83.
Shares of SWCH stock opened at $15.86 on Monday. Switch has a 52 week low of $13.34 and a 52 week high of $24.90. The company has a debt-to-equity ratio of 5.18, a current ratio of 0.34 and a quick ratio of 0.34.
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Switch Company Profile
Switch, Inc, through its subsidiary, Switch, Ltd., provides colocation space and related services to technology and digital media companies, cloud and managed service providers, financial institutions, government agencies, and telecommunications providers that conduct critical business on the Internet.
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