Crown Castle International Corp (NYSE:CCI) target price raised to $109.00, issued a report today by Zacks Investment Research
- Updated: September 26, 2016
Crown Castle International Corp (NYSE:CCI) had its price target upped to $109.00 by Zacks Investment Research in an issued report announced 9/26/2016. The updated stock price target implies a possible upside of 0.15% based on the company's most recent stock price close.
On Friday September 16, 2016, Citigroup released a statement for Crown Castle International Corp (NYSE:CCI) bumped down the target price from $109.00 to $100.00 that suggested an upside of 0.11%.
Boasting a price of $95.02, Crown Castle International Corp (NYSE:CCI) traded 0.06% higher on the day. With the last stock price close up 2.97% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Crown Castle International Corp has recorded a 50-day average of $94.49 and a two hundred day average of $92.50. Volume of trade was down over the average, with 510,234 shares of CCI changing hands under the typical 2,455,420
With a total market value of $0, Crown Castle International Corp has price-earnings ratio of 95.91 with a one year low of $75.71 and a one year high of $102.82 .
A total of 18 brokerages have issued a report on the stock. Four equity analysts rating the company a strong buy, nine analysts rating the company a buy, six analysts rating the company a hold, 0 brokerages rating the stock a underperform, and finally 0 brokers rating the stock a sell with a consensus target price of $95.17.
General Information About 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, including dark fiber and lit fiber.
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