Morgan Stanley (NYSE:MS) analyst Benjamin Swinburne maintained a Hold rating on Clear Channel Outdoor (NYSE:CCO) Holdings on Friday, setting a price target of $3, which is approximately 11.11% above the present share price of $2.7.
Swinburne expects Clear Channel Outdoor Holdings to post earnings per share (EPS) of -$0.71 for the second quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Clear Channel Outdoor, with an average price target of $2.5.
The analysts price targets range from a high of $3 to a low of $2.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $370.91 million and a net profit of -$105.96 million. The company's market cap is $1.27 billion.
According to TipRanks.com, Morgan Stanley analyst Benjamin Swinburne is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 11.1% and a 59.92% success rate.
Clear Channel Outdoor Holdings, Inc. provides outdoor advertising solutions. Their products include billboards, street furniture and transit advertising in traditional and digital formats. The company is headquartered in San Antonio, TX.