In a report released yesterday, Sami Badri from Credit Suisse maintained a Hold rating on Crown Castle (CCI), with a price target of $148.00. The company’s shares closed last Thursday at $169.27, close to its 52-week high of $180.00.
According to TipRanks.com, Badri is a 3-star analyst with an average return of 1.3% and a 51.8% success rate. Badri covers the Technology sector, focusing on stocks such as Motorola Solutions, Ubiquiti Networks, and CommScope Holding.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Crown Castle with a $177.78 average price target.
See today’s analyst top recommended stocks >>
Crown Castle’s market cap is currently $72.46B and has a P/E ratio of 99.30. The company has a Price to Book ratio of -15.26.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling 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 and Fiber. The Towers segment offers access, including space or capacity towers dispersed throughout the United States. The Fiber segment covers access, including space or capacity of fiber primarily supporting small cell networks and fiber solutions. The company was founded by Ted B. Miller Jr. and Edward C. Hutcheson Jr. in 1994 and is headquartered in Houston, TX.
