Internap Corp (INAP) Receives $26.00 Consensus Target Price from Analysts
Shares of Internap Corp (NASDAQ:INAP) have earned an average recommendation of “Hold” from the seven brokerages that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, two have issued a buy rating and two have issued a strong buy rating on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $26.00.
Several analysts have recently weighed in on the stock. ValuEngine lowered shares of Internap from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. BidaskClub upgraded shares of Internap from a “sell” rating to a “hold” rating in a research report on Tuesday, January 30th. Benchmark restated a “buy” rating and issued a $28.00 price target on shares of Internap in a research report on Tuesday, January 30th. Finally, Zacks Investment Research lowered shares of Internap from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd.
Shares of Internap (NASDAQ:INAP) traded up $0.60 during trading on Wednesday, hitting $14.09. 213,133 shares of the stock traded hands, compared to its average volume of 211,491. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 107.36. Internap has a 1-year low of $8.88 and a 1-year high of $22.36.
Internap Company Profile
Internap Corporation is a technology provider of Internet infrastructure. The Company provides Internet infrastructure through both Colocation Business and Enterprise Services and Cloud Services. The Company operates through two segments: Data Center and Network Services, and Cloud and Hosting Services.
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