Zacks Investment Research downgraded Commscope Holding Company Inc (NASDAQ:COMM) to Hold in a report released today.
- Updated: September 28, 2016
Just yesterday Commscope Holding Company Inc (NASDAQ:COMM) traded -0.16% lower at $30.51. Commscope Holding Company Inc’s 50-day moving average is $29.69 and its 200-day moving average is $29.65. The last stock price is up 2.74% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 897,697 shares of COMM traded hands, down from an average trading volume of 1,503,020
Zacks Investment Research has downgraded Commscope Holding Company Inc (NASDAQ:COMM) to Hold in a report released on 9/28/2016.
Previously on 9/27/2016, Zacks Investment Research released a statement about Commscope Holding Company Inc (NASDAQ:COMM) increased the target price from $0.00 to $34.00. At the time, this indicated a possible upside of 0.11%.
Recent Performance Chart
Commscope Holding Company Inc has 52 week low of $19.37 and a 52 week high of $33.54 and has a market capitalization of $0.
Also covering Commscope Holding Company Inc's stock price target, a total of 12 brokers have released a ratings update on COMM. The one year target price is $35.50 with four analysts rating the company a strong buy, 7 brokerages rating the company a buy, 2 brokers rating the stock a hold, 0 firms rating the stock a underperform, and finally zero analysts rating the company a sell.
More About Commscope Holding Company Inc (NASDAQ:COMM)
CommScope Holding Company, Inc. is provider of infrastructure solutions for wireless, business enterprise and residential broadband networks. The Company operates through four segments: Wireless, Enterprise, Broadband and Broadband Network Solutions (BNS). Its Wireless segment provides merchant RF wireless network connectivity solutions and cell distributed antenna systems (DAS) solutions to enable carriers' second generation (2G), third generation (3G) and fourth generation (4G) networks. Its Enterprise segment provides enterprise connectivity solutions for data centers and commercial buildings, comprises voice, video, data and converged solutions. Its Broadband segment provides cable and communications products that support the multichannel video, voice and high-speed data services provided by multi-system operators (MSOs). The BNS segment provides fiber-optic and copper connectivity solutions for telecom and enterprise markets, as well as DAS solutions for the wireless market.
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