According to TipRanks.com, Louthan is a 4-star analyst with an average return of 2.8% and a 59.6% success rate. Louthan covers the Technology sector, focusing on stocks such as GTT Communications, Lumen Technologies, and GDS Holdings.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Switch with a $21.71 average price target, representing a 42.1% upside. In a report released today, BMO Capital also maintained a Buy rating on the stock with a $21.00 price target.
Switch’s market cap is currently $3.72B and has a P/E ratio of 124.70. The company has a Price to Book ratio of 15.06.
Based on the recent corporate insider activity of 95 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SWCH in relation to earlier this year.
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.
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. Its products include Switch CONNECT and Switch SAFE. Switch was founded by Rob Roy in 2000 and is headquartered in Las Vegas, NV.