Barrington Keeps Their Hold Rating on Clear Channel Outdoor

In a report released today, James Goss from Barrington maintained a Hold rating on Clear Channel Outdoor (NYSE: CCO). The company’s shares opened today at $4.80.

Goss wrote:

“We also adjusted the tax rate assumption, but that did not create meaningful variance.”

According to TipRanks.com, Goss is a 5-star analyst with an average return of 13.1% and a 60.7% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Sirius XM Holdings Inc, and Cinemark Holdings Inc.

Clear Channel Outdoor has an analyst consensus of Hold.

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The company has a one-year high of $5.47 and a one-year low of $3.19. Currently, Clear Channel Outdoor has an average volume of 194.8K.

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Clear Channel Outdoor Holdings, Inc. operates as an outdoor advertising company, which engages in the provision of advertising opportunities through billboards, street furniture displays, transit displays, and other out-of-home advertising displays. It operates its business through the Americas and International Outdoor segments.