Switch Inc (NASDAQ:SWCH) – Stock analysts at Jefferies Group issued their Q3 2017 EPS estimates for Switch in a research report issued to clients and investors on Tuesday. Jefferies Group analyst S. Goldman expects that the company will post earnings of $0.07 per share for the quarter. Jefferies Group has a “Hold” rating on the stock. Jefferies Group also issued estimates for Switch’s Q4 2017 earnings at ($0.21) EPS, FY2017 earnings at ($0.01) EPS, FY2018 earnings at $0.21 EPS and FY2019 earnings at $0.28 EPS.

WARNING: This story was first posted by American Banking News and is the property of of American Banking News. If you are accessing this story on another publication, it was copied illegally and reposted in violation of international copyright laws. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/11/02/research-analysts-set-expectations-for-switch-incs-q3-2017-earnings-swch.html.

SWCH has been the topic of a number of other reports. Raymond James Financial, Inc. initiated coverage on Switch in a research report on Tuesday. They set a “market perform” rating on the stock. BMO Capital Markets initiated coverage on Switch in a research report on Tuesday. They set an “outperform” rating and a $23.00 price target on the stock. Citigroup Inc. initiated coverage on Switch in a research report on Tuesday. They set a “neutral” rating and a $22.00 price target on the stock. BTIG Research initiated coverage on Switch in a research report on Tuesday. They set a “buy” rating and a $22.00 price target on the stock. Finally, Credit Suisse Group initiated coverage on Switch in a research report on Tuesday. They set an “outperform” rating and a $22.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $22.20.

In other news, insider Erin Thomas Morton bought 300,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 11th. The shares were purchased at an average cost of $17.00 per share, with a total value of $5,100,000.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

About Switch

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.

Receive News & Ratings for Switch Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Switch Inc and related companies with MarketBeat.com's FREE daily email newsletter.