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Iron Mountain (NYSE:IRM) was downgraded by investment analysts at Robert W. Baird to a “neutral” rating in a note issued to investors on Friday.

A number of other firms have also recently commented on IRM. Analysts at Barclays raised their price target on shares of Iron Mountain from $25.00 to $35.00 in a research note on Thursday, July 3rd. They now have an “underweight” rating on the stock. Separately, analysts at JPMorgan Chase & Co. initiated coverage on shares of Iron Mountain in a research note on Monday, June 30th. They set an “overweight” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Iron Mountain in a research note on Thursday, June 26th. They now have a $31.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $30.67.

Iron Mountain (NYSE:IRM) opened at 34.85 on Friday. Iron Mountain has a 52 week low of $25.03 and a 52 week high of $36.00. The stock’s 50-day moving average is $32.71 and its 200-day moving average is $29.14. The company has a market cap of $6.690 billion and a P/E ratio of 56.24.

Iron Mountain (NYSE:IRM) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.26 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.26. The company had revenue of $770.00 million for the quarter, compared to the consensus estimate of $768.70 million. During the same quarter in the previous year, the company posted $0.27 earnings per share. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. On average, analysts predict that Iron Mountain will post $1.43 earnings per share for the current fiscal year.

Iron Mountain Incorporated (NYSE:IRM) is engaged in storing records, primarily paper documents and data backup media, and provide information management services.

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