Scotiabank analyst Maher Yaghi maintained a Hold rating on Crown Castle (CCI – Research Report) today and set a price target of $133.00. The company’s shares closed last Friday at $108.60.
According to TipRanks, Yaghi is a 4-star analyst with an average return of 4.3% and a 62.64% success rate. Yaghi covers the Communication Services sector, focusing on stocks such as Cogeco Communications, BCE, and Rogers Communication.
In addition to Scotiabank, Crown Castle also received a Hold from KeyBanc’s Brandon Nispel in a report issued on January 26. However, today, Argus Research maintained a Buy rating on Crown Castle (NYSE: CCI).
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CCI market cap is currently $47.13B and has a P/E ratio of 31.39.
Based on the recent corporate insider activity of 31 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 (CCI) Company Description:
Texas-based Crown Castle International Corp., a real estate investment trust company, was founded in 1994. It provides shared communications infrastructure in the United States and connects cities and communities to essential data, technology and wireless service. Its network includes over 40,000 cell towers and nearly 80,000 route miles of fiber supporting small cells and fiber solutions.
Read More on CCI:
- Crown Castle price target raised to $124 from $121 at TD Cowen
- Crown Castle Announces Tax Reporting Information for 2023 Distributions
- Crown Castle reports Q4 AFFO $1.82, consensus $1.79
- Crown Castle Reports Fourth Quarter 2023 and Full Year 2023 Results, Maintains Outlook for Full Year 2024
- Crown Castle options imply 3.3% move in share price post-earnings
