Wells Fargo upgraded OUTFRONT Media (NYSE:OUT) from Market Perform to Outperform in a report released today.
- Updated: November 27, 2016
Wells Fargo has upgraded OUTFRONT Media (NYSE:OUT) from Market Perform to Outperform in a report released on 11/22/2016.
Previously on 02/26/2016, Evercore ISI reported about OUTFRONT Media (NYSE:OUT) lowered the target price from $29.00 to $27.00. At the time, this indicated a possible upside of 0.34%.
Yesterday OUTFRONT Media (NYSE:OUT) traded 0.28% higher at $23.16. The company’s 50-day moving average is $22.20 and its 200-day moving average is $22.68. The last stock close price is up 9.95% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 345,893 shares of the stock were exchanged, down from an average trading volume of 960,116
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OUTFRONT Media has a with a one year low of $18.01 and a one year high of $25.11 The company’s market cap is currently $0.
General Information About OUTFRONT Media (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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