Morgan Stanley (NYSE:MS) analyst Benjamin Swinburne maintained a Hold rating on Outfront Media (NYSE:OUT) Inc on Monday, setting a price target of $17, which is approximately 29.67% above the present share price of $13.11.
Swinburne expects Outfront Media Inc to post earnings per share (EPS) of -$0.44 for the fourth quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Outfront Media, with an average price target of $18.
The analysts price targets range from a high of $20 to a low of $17.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $232.9 million and a net profit of -$26.4 million. The company's market cap is $1.89 billion.
According to TipRanks.com, Morgan Stanley analyst Benjamin Swinburne is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 10.5% and a 56.60% success rate.
OUTFRONT Media, Inc. engages in the business of providing leasing services of advertising space on out-of-home advertising structures and sites across the United States, Canada and Latin America. It operates through the following segments: U. S. Billboard and Transit; International; and Sports Marketing. The company was founded on June 20, 2013 and is headquartered in New York, NY.