Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) has been downgraded to Strong Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 27, 2016
Boasting a price of $6.05, Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) traded 1.51% higher on the day. With the last close up 1.26% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Clear Channel Outdoor Holdings, Inc. has recorded a 50-day average of $6.50 and a two hundred day average of $5.97. Volume of trade was up over the average, with 146,926 shares of CCO changing hands over the typical 142,361
Zacks Investment Research has downgraded Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) to Strong Sell in a statement released on Tuesday September 27, 2016.
Recent Performance Chart
Clear Channel Outdoor Holdings, Inc. has 52 week low of $2.97 and a 52 week high of $7.75 with a PE ratio of 302.50 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 3 brokerages have issued a research note on the company. The average stock price target is $4.00 with zero brokerages rating the company a strong buy, one brokerage rating the company a buy, four brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Clear Channel Outdoor Holdings, Inc. (NYSE:CCO)
Clear Channel Outdoor Holdings, Inc. is an outdoor advertising company. The Company owns and operates billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes and spectaculars. It operates in two segments: Americas outdoor advertising (Americas) and International outdoor advertising (International). It owns or operates more than 650,000 advertising displays. The Americas segment consists of operations primarily in the United States, Canada and Latin America. The Americas assets consist of traditional and digital billboards, street furniture and transit displays, airport displays, wallscapes and other spectaculars, which the Company owns or operates under lease management agreements. The International segment primarily includes operations in Europe, Asia and Australia. The International assets consist of street furniture and transit displays, billboards, mall displays, Smartbike programs, wallscapes and other spectaculars.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.