Oppenheimer analyst Timothy Horan maintained a Buy rating on Crown Castle on Monday, setting a price target of $195, which is approximately 23.05% above the present share price of $158.47.
Horan expects Crown Castle to post earnings per share (EPS) of $0.38 for the fourth quarter of 2020.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Crown Castle, with an average price target of $176.25.
The analysts price targets range from a high of $195 to a low of $146.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.49 billion and a net profit of $439 million. The company's market cap is $68.3 billion.
According to TipRanks.com, Oppenheimer analyst Timothy Horan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.9% and a 70.71% success rate.
Crown Castle International (NYSE:CCI) Corp. is a real estate investment trust company, which engages in the provision of access to wireless infrastructure via long-term contacts. It operates through the following segments: Towers and Fiber. The Towers segment offers access, including space or capacity towers dispersed throughout the United States. The Fiber segment covers access, including space or capacity of fiber primarily supporting small cell networks and fiber solutions. The company was founded by Ted B. Miller Jr. and Edward C. Hutcheson Jr. in 1994 and is headquartered in Houston, TX.