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Instinet announced Commscope Holding Company Inc (NASDAQ:COMM), bumping up its stock price target to $45.00 today

Just yesterday Commscope Holding Company Inc (NASDAQ:COMM) traded 0.06% higher at $37.13. Commscope Holding Company Inc’s 50-day moving average is $33.12 and its 200-day moving average is $36.39. The last stock price is up -11.12% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 1,062,508 shares of COMM traded hands, down from an average trading volume of 2,033,740

In a report released on 05/25/2017 Instinet increased the stock price target of Commscope Holding Company Inc (NASDAQ:COMM) to $45.00 reporting a possible upside of 0.21%.

Recent Performance Chart

Commscope Holding Company Inc (NASDAQ:COMM)

Commscope Holding Company Inc has 52 week low of $29.91 and a 52 week high of $42.75 with a PE ratio of 26.99 and has a market capitalization of $0.

In addition to Instinet reporting its stock price target, a total of 12 brokerages have issued a research note on the company. The average stock price target is $35.50 with 4 brokerages rating the stock a strong buy, 7 brokerages rating the stock a buy, 2 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Commscope Holding Company Inc (NASDAQ: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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