Morgan Stanley analyst Simon Flannery maintained a Buy rating on Crown Castle (NYSE: CCI) today and set a price target of $118. The company’s shares closed yesterday at $112.25.
According to TipRanks.com, Flannery is a 4-star analyst with an average return of 5.6% and a 69.4% success rate. Flannery covers the Technology sector, focusing on stocks such as Cincinnati Bell, Intelsat SA, and AT&T Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Crown Castle with a $120.60 average price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $114.97 and a one-year low of $98.85. Currently, Crown Castle has an average volume of 2.17M.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CCI in relation to earlier this year.
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.
Crown Castle International Corp. is a real estate investment trust company, which engages in the provision of access to wireless infrastructure via long-term contacts. It operates through the following segments: Towers, Fiber, and Other. The Towers segment offers access, including space or capacity towers dispersed throughout the United States.
