Wells Fargo & Co. covered Outfront Media Inc (NYSE:OUT), bumping its price target to $30.00 today
- Updated: November 27, 2016
Having a price of $23.16, Outfront Media Inc (NYSE:OUT) traded 0.28% higher on the day. With the last close up 9.95% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. OUT has recorded a 50-day average of $22.20 and a two hundred day average of $22.68. Trade Volume was down over the average, with 345,893 shares of OUT changing hands under the typical 960,116
Outfront Media Inc (NYSE:OUT) had its stock price target increased to $30.00 by Wells Fargo & Co. in a report issued Tuesday November 22, 2016. The updated stock price target indicates a possible upside of 0.30% based on the company's previous close.
On Friday February 26, 2016, Evercore ISI released a statement on Outfront Media Inc (NYSE:OUT) dropped the target price from $29.00 to $27.00 that suggested an upside of 0.34%.
Recent Performance Chart
Outfront Media Inc has with a 52 week low of $18.01 and a 52 week high of $25.11 and has a market cap of $0.
Brief Synopsis About Outfront Media Inc (NYSE:OUT)
OUTFRONT Media Inc., formerly CBS Outdoor Americas Inc., is a provider of advertising space on out-of-home advertising structures and sites across the United States, Canada and Latin America. The Company's inventory consists of billboard displays and transit advertising displays. It operates through two segments. The United States segment includes the Company's operations in the United States. The International segment includes the Company's operations in Canada and Latin America, including Mexico, Argentina, Brazil, Chile and Uruguay. Along with leasing displays, the Company provides other services to customers, such as pre-campaign category research, consumer insights, creative design support, vinyl production, and post-campaign tracking and analytics. Its locations portfolio includes sites, such as the Bay Bridge in San Francisco, various locations along Sunset Boulevard in Los Angeles, and various sites in and around both Grand Central Station and Times Square in New York.
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