.jpg)
In a report released yesterday, Amir Rozwadowski from Barclays maintained a Buy rating on CommScope Holding (NASDAQ: COMM), with a price target of $32. The company’s shares opened today at $28.06, close to its 52-week low of $26.29.
According to TipRanks.com, Rozwadowski is a 5-star analyst with an average return of 16.8% and a 65.2% success rate. Rozwadowski covers the Technology sector, focusing on stocks such as Frontier Communications Corporation, Interxion Holding NV, and Zayo Group Holdings.
Currently, the analyst consensus on CommScope Holding is Moderate Buy and the average price target is $38.71, representing a 38.0% upside.
In a report released yesterday, Northland Securities also upgraded the stock to Buy with a $34 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $41.60 and a one-year low of $26.29. Currently, CommScope Holding has an average volume of 1.66M.
Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock. Most recently, in February 2018, Philip Martin Armstrong, the SVP, Corporate Finance of COMM sold 10,000 shares for a total of $390,200.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
CommScope Holding Co., Inc. engages in the provision of infrastructure solution for the core, access, and edge layers of communication networks. It operates through CommScope Connectivity Solutions (CCS), and CommScope Mobility Solutions (CMS) segments.
