Clear Channel Outdoor (NYSE:CCO)‘s stock had its “sell” rating restated by research analysts at Scotiabank in a research note issued to investors on Monday. They presently have a $12.00 target price on the business services provider’s stock. Scotiabank’s price objective would indicate a potential upside of 172.73% from the stock’s current price.
Several other analysts have also recently commented on CCO. ValuEngine raised Clear Channel Outdoor from a “sell” rating to a “hold” rating in a report on Friday, August 11th. Zacks Investment Research cut Clear Channel Outdoor from a “buy” rating to a “hold” rating in a report on Thursday, August 17th. Finally, Loop Capital reduced their price target on Clear Channel Outdoor from $5.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, November 9th. Two research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $6.94.
Clear Channel Outdoor (NYSE:CCO) traded up $0.05 on Monday, hitting $4.40. The stock had a trading volume of 259,800 shares, compared to its average volume of 188,189. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of -4.10. The firm has a market cap of $1,550.00, a PE ratio of 217.50 and a beta of 1.71. Clear Channel Outdoor has a 1-year low of $3.35 and a 1-year high of $6.35.
Clear Channel Outdoor Company Profile
Clear Channel Outdoor Holdings, Inc is an outdoor advertising company. The Company provides clients with advertising opportunities through billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes and spectaculars. Its segments include Americas outdoor advertising (Americas) and International outdoor advertising (International).
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