# SBA Communications Corporation – Consensus ‘buy’ rating and 28.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/sba-communications-corporation-consensus-buy-rating-and-28.5-upside-potential/4121126302
- Published: 2023-08-30T12:29:46+01:00
- Author: Charlotte Edwards

**SBA Communications Corporation** which can be found using ticker (SBAC) have now
17 market analysts covering the stock. The analyst consensus now points to a rating
of ‘buy’. The target price High/Low ranges between 330 and 245 calculating the average
target price we see $286.00. Now with the previous closing price of $222.62 this
would imply there is now a potential upside of 28.5%. The 50 day MA is $227.46 and
the 200 moving average now moves to $256.92. The market cap for the company is 24.66B.
The stock price for the company is currently 227.54 USD

 The potential market cap would be $31,682,596,357 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 49.04, revenue per share of 25.12
and a 6.17% return on assets.

SBA Communications Corporation is an independent owner and operator of wireless 
communications infrastructure, including towers, buildings, rooftops, distributed
antenna systems (DAS) and small cells. The Company’s primary focus is the leasing
of antenna space on its multi-tenant towers to a variety of wireless service providers
under long-term lease contracts in the United States, South America, Central America,
Canada, South Africa, the Philippines, and Tanzania. It operates through two segments:
Domestic Site Leasing and International Site Leasing. Domestic Site Leasing segment
leases to T-Mobile, AT&T Wireless, Verizon Wireless, and DISH Wireless. The segment
owns approximately 17,416 sites in the United States and its territories. International
Site Leasing segment owns and operates approximately 21,895 towers in 15 international
markets throughout South America, Central America, Canada, South Africa, the Philippines,
and Tanzania.

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