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A report released today by Instinet about Commscope (US:COMM) ups the target price to $45.00

Reporting a possible upside of 0.22%, Instinet bumped up the target of Commscope (US:COMM) to $45.00

On 4/12/2017, Barclays released a statement for Commscope (US:COMM) increased the target price from $42.00 to $47.00. At the time, this indicated a possible upside of 0.16%.

Yesterday Commscope (US:COMM) traded 0.06% higher at $36.90. Commscope’s 50-day average is $33.12 and its two hundred day average is $36.39. With the last stock price up -11.12% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. Volume of trade was down over the average, with 1,062,508 shares of COMM changing hands under the typical 2,033,740

Performance Chart

Commscope (US:COMM)

With a total market value of $0, Commscope has price-earnings ratio of 26.99 with a one year low of $29.91 and a 52 week high of $42.75 .

In addition to Instinet reporting its target price, a total of 12 firms have reported on the stock. The consensus target price is $35.50 with 4 firms rating the stock a strong buy, 7 firms rating the stock a buy, 2 firms rating the stock a hold, 0 equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

Brief Synopsis About Commscope (US:COMM)

CommScope Holding Company, Inc. (CommScope) is a provider of infrastructure solutions for the core, access and edge layers of communications networks. The Company operates through two segments: CommScope Connectivity Solutions (CCS) and CommScope Mobility Solutions (CMS). Its portfolio includes wireless and fiber optic solutions. The Company's solutions are found in the venues and outdoor spaces, including in data centers and buildings of all shapes, sizes and complexities; at wireless cell sites; in telecom central offices and cable head ends; in fiber-to-the-X (FTTX) deployments, and in airports, trains and tunnels. As of December 31, 2016, it served customers in over 100 countries through a network of more than 30 manufacturing and distribution facilities located around the globe. Its customers include global telecommunication operators and enterprise customers, including Fortune 500 enterprises and multi-system operators (MSOs).

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