Iron Mountain Incorporated (Del – Consensus Indicates Potential -11.1% Downside

Broker Ratings
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Iron Mountain Incorporated (Del found using ticker (IRM) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 59 and 20 with a mean TP of 49. Given that the stocks previous close was at 55.12 this indicates there is a potential downside of -11.1%. The 50 day moving average now sits at 47.36 and the 200 day MA is 46.38. The company has a market cap of $16,074m. Company Website: https://www.ironmountain.com

The potential market cap would be $14,289m based on the market concensus.

Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 90 million square feet across approximately 1,450 facilities in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include secure records storage, information management, digital transformation, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working.

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