TheStreet downgraded Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) to Sell in a report released today.
- Updated: September 15, 2016
TheStreet has downgraded Clear Channel Outdoor Holdings, Inc.(NYSE:CCO) to Sell in a statement released on 9/14/2016.
On Tuesday September 13 2016, Loop Capital reported about Clear Channel Outdoor Holdings, Inc.(NYSE:CCO) raised the target price from $0.00 to $5.50. At the time, this indicated a possible downside of -0.19%.
Just yesterday Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) traded 0.00% even at $5.99. Clear Channel Outdoor Holdings, Inc.’s 50-day average is $6.69 and its two hundred day average is $5.84. With the last stock price close up 2.60% relative to the 200-day average, compared to the S&P 500 which has decreased -0.01% over the same period. 108,347 shares of the stock exchanged hands, down from ann avg. volume of 146,520.
Recent Performance Graphic:
Clear Channel Outdoor Holdings, Inc. has a 52 week low of $2.97 and a one-year high of $8.46 with a price-earnings ratio of 300. Clear Channel Outdoor Holdings, Inc.’s market capitalization is presently $0.0.
A total of 3 brokers have released a ratings update on the stock. Zero rate the stock a strong buy, one firm rate the company a buy, four firms rate the stock a hold, one analyst rate the stock to underperform, and lastly 0 analystsrate the stock as sell with a consensus target stock price of $4.00
Brief Synopsis On 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, and wallscapes and other spectaculars.
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