Crown Castle International Corp (NYSE:CCI) target price lowered to $100.00, reported today by Citigroup
- Updated: September 16, 2016
Stating a possible upside of 0.11%, Citigroup dropped the target stock price of Crown Castle International Corp (NYSE:CCI) to $100.
Displaying a price of $89.82, Crown Castle International Corp (NYSE:CCI) traded 1.45% lower on the day. The last stock close is down 2.31% from the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. CCI has recorded a 50-day average of $95.18 and two hundred day average of $92.26. Trading volume was was down over the average, with 1,113,229 shares of CCI changing hands under the typical 2,357,520 shares.
Crown Castle International Corp has a P/E of 91 with a one-year low of $75.71 and a one-year high of $102.82. The company’s market capitalization is presently $0.0.
A total of 18 brokers have released a report on the stock. Four analysts rate the stock a strong buy, nine firms rate the company a buy, six firms rate the company a hold, 0 rate the stock to underperform, and lastly 0 analystsrate the stock as sell with a 12-month target stock price of $95.17
Brief Synopsis On Crown Castle International Corp (NYSE:CCI)
Crown Castle International Corp. is a real estate investment trust. The Company owns, operates, and leases shared wireless infrastructure, including towers and other structures, such as rooftops (towers) and small cell networks supported by fiber. The Company operates through U.S. operations segment. The Company also offers certain network services relating to its wireless infrastructure, consisting of site development services relating to existing or new tenant equipment installations on its wireless infrastructure, including site acquisition, architectural and engineering, or zoning and permitting (collectively, site development services), and tenant equipment installation or subsequent augmentations (collectively installation services).The Company’s business is providing access, including space or capacity to its wireless infrastructure in the United States. It also offers fiber solutions, and including dark fiber and lit fiber.
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