Iron Mountain Incorporated (NYSE:IRM) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.2 by 5 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Stifel Nicolaus upgrades its outlook on Iron Mountain Incorporated (NYSE:IRM). The current rating of the shares is Buy, according to the research report released by the firm. Previously, the company had a rating of Hold. The rating by the firm was issued on April 18, 2016.
Iron Mountain Incorporated (NYSE:IRM) stock has received a short term price target of $ 39.6 from 5 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $5.18. The higher estimate of target price is $44 , while the lower price target estimate is $34
Iron Mountain Incorporated (NYSE:IRM) rose 0.31% or 0.12 points on Tuesday and made its way into the gainers of the day. After trading began at $38.26 the stock was seen hitting $38.4 as a peak level and $38.05 as the lowest level. The stock ended up at $38.23. The daily volume was measured at 1,070,933 shares. The 52-week high of the share price is $38.64 and the 52-week low is $23.64. The company has a market cap of $8,103 million.
Shares of Iron Mountain Incorporated rose by 0.5% in the last five trading days and 7.05% for the last 4 weeks. Iron Mountain Incorporated is up 17.54% in the last 3-month period. Year-to-Date the stock performance stands at 45.8%.
Iron Mountain Inc. is a holding company, which stores records, primarily paper documents and data backup media, and provide information management services. The Company has five segments: North American Records and Information Management Business, North American Data Management Business, Western European Business, Other International Business and Corporate and Other Business. It offers records and information management services, and data management services. Its customer base includes commercial, legal, banking, healthcare, accounting, insurance, entertainment and government organizations. As of December 31, 2014, the Companys courier fleet consisted of approximately 3,600 owned or leased vehicles. Its other services include secure shredding, document management solutions (DMS), compliant records management and consulting services, health information storage and management solutions, entertainment services, energy data services, discovery services and other ancillary services.