Clear Channel Outdoor Holdings, – Consensus Indicates Potential 57.4% Upside

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Clear Channel Outdoor Holdings, with ticker code (CCO) have now 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 2 and 1 and has a mean target at 1.59. With the stocks previous close at 1.01 this is indicating there is a potential upside of 57.4%. The 50 day moving average now sits at 1.14 and the 200 day MA is 1.01. The company has a market cap of $477m. Find out more information at: http://www.clearchanneloutdoor.com

Clear Channel Outdoor Holdings, an outdoor advertising company, owns, operates, and sells advertising displays in the United States and internationally. It operates through two segments, Americas Outdoor Advertising and International Outdoor Advertising. The company offers advertising services through billboards, including bulletins and posters; transit displays, which are advertising surfaces on various types of vehicles or within transit systems; street furniture displays, such as advertising surfaces on bus shelters, information kiosks, freestanding units, and other public structures; spectaculars, which are customized display structures that incorporate videos, multidimensional lettering and figures, mechanical devices and moving parts, and other embellishments; wallscape, a display that drapes over or is suspended from the sides of buildings or other structures; and retail and other small displays. It also provides street furniture equipment, cleaning and maintenance services, and production and creative services; and a public bicycle rental program, which offers bicycles for rent to the general public in various municipalities. The company serves the business service, retail, media, healthcare and medical, banking and financial services, retail, food/food products, entertainment, Internet and E-Commerce, and telecommunications. As of December 31, 2019, it owned or operated approximately 74,000 advertising displays in the United States; and 390,000 displays across 22 countries. The company was formerly known as Eller Media Company and changed its name to Clear Channel Outdoor Holdings in August 2005. The company was incorporated in 1995 and is headquartered in San Antonio, Texas.

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