Wells Fargo (NYSE:WFC) analyst Eric Luebchow maintained a Hold rating on Crown Castle on Wednesday, setting a price target of $175, which is approximately 7.06% above the present share price of $163.46.
Luebchow expects Crown Castle to post earnings per share (EPS) of $0.41 for the third quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Crown Castle, with an average price target of $179.63.
The analysts price targets range from a high of $195 to a low of $148.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $1.44 billion and a net profit of $388 million. The company's market cap is $67.21 billion.
According to TipRanks.com, Wells Fargo analyst Eric Luebchow is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 13.6% and a 78.57% 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.