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Clear Channel Outdoor

CCONYSE
Logo brought to you by Benzinga Data
$1.65
0.010.61%
At Close: -
$1.65
00.00%
After Hours: Jul 26, 4:46 PM EDT
15 minutes delayed
Q2 2024 Earnings in 10 days from now on Wed Aug 7th, before the market open
Consensus Rating1
Equal-Weight
Highest Price Target1
$3.15
Lowest Price Target1
$1.40
Consensus Price Target1
$2.26

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Clear Channel Outdoor (NYSE:CCO) Stock, Analyst Ratings, Price Targets, Forecasts

Clear Channel Outdoor Holdings Inc has a consensus price target of $2.26 based on the ratings of 7 analysts. The high is $3.15 issued by Morgan Stanley on July 30, 2021. The low is $1.4 issued by Citigroup on August 29, 2023. The 3 most-recent analyst ratings were released by Barrington Research, Barrington Research, and Morgan Stanley on May 28, 2024, May 13, 2024, and February 28, 2024, respectively. With an average price target of $2.33 between Barrington Research, Barrington Research, and Morgan Stanley, there's an implied 41.41% upside for Clear Channel Outdoor Holdings Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
Feb
2
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.7
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barrington Research
Morgan Stanley
Wells Fargo
Wells Fargo
Citigroup

1calculated from analyst ratings

Analyst Ratings for Clear Channel Outdoor

Buy NowGet Alert
05/28/2024Buy Now51.52%Barrington Research
James Goss
$2.5 → $2.5MaintainsOutperformGet Alert
05/13/2024Buy Now51.52%Barrington Research
James Goss
$2.5 → $2.5MaintainsOutperformGet Alert
02/28/2024Buy Now21.21%Morgan Stanley
Benjamin Swinburne
$1.5 → $2MaintainsEqual-WeightGet Alert
02/27/2024Buy Now51.52%Barrington Research
James Goss
$2.5 → $2.5ReiteratesOutperform → OutperformGet Alert
12/20/2023Buy Now66.67%Wells Fargo
Steven Cahall
$1.5 → $2.75UpgradeEqual-Weight → OverweightGet Alert
11/09/2023Buy Now-9.09%Wells Fargo
Steven Chercover
$1.25 → $1.5MaintainsEqual-WeightGet Alert
08/29/2023Buy Now-15.15%Citigroup
Jason Bazinet
$1.5 → $1.4MaintainsNeutralGet Alert
08/14/2023Buy Now51.52%Barrington Research
James Goss
→ $2.5ReiteratesOutperform → OutperformGet Alert
08/07/2023Buy Now51.52%Barrington Research
James Goss
→ $2.5ReiteratesOutperform → OutperformGet Alert
05/25/2023Buy Now51.52%Barrington Research
James Goss
→ $2.5Reiterates → OutperformGet Alert
05/11/2023Buy Now-9.09%Morgan Stanley
Benjamin Swinburne
$1.75 → $1.5MaintainsEqual-WeightGet Alert
05/10/2023Buy Now-24.24%Wells Fargo
Steven Chercover
$1.5 → $1.25MaintainsEqual-WeightGet Alert
03/06/2023Buy Now51.52%Barrington Research
James Goss
→ $2.5Reiterates → OutperformGet Alert
02/16/2023Buy Now15.15%Citigroup
Jason Bazinet
$1.1 → $1.9MaintainsNeutralGet Alert
11/09/2022Buy Now-9.09%Morgan Stanley
Benjamin Swinburne
$2 → $1.5MaintainsEqual-WeightGet Alert
08/10/2022Buy Now21.21%Morgan Stanley
Benjamin Swinburne
$2.15 → $2MaintainsEqual-WeightGet Alert
07/08/2022Buy Now-9.09%Wells Fargo
Steven Cahall
$4 → $1.5DowngradeOverweight → Equal-WeightGet Alert
07/07/2022Buy Now-24.24%Citigroup
Jason Bazinet
$1.65 → $1.25MaintainsNeutralGet Alert
06/10/2022Buy Now30.3%Morgan Stanley
Benjamin Swinburne
$2.5 → $2.15MaintainsEqual-WeightGet Alert
05/11/2022Buy Now51.52%Morgan Stanley
Benjamin Swinburne
$3.75 → $2.5MaintainsEqual-WeightGet Alert
05/11/2022Buy Now142.42%Wells Fargo
Steven Cahall
$5 → $4MaintainsOverweightGet Alert
01/24/2022Buy Now127.27%Morgan Stanley
Benjamin Swinburne
$3.5 → $3.75MaintainsEqual-WeightGet Alert
11/11/2021Buy Now203.03%Barrington Research
James Goss
UpgradeMarket Perform → OutperformGet Alert
10/18/2021Buy Now51.52%BarclaysMaintainsEqual-WeightGet Alert
07/30/2021Buy Now90.91%Morgan StanleyMaintainsEqual-WeightGet Alert

FAQ

Q

What is the target price for Clear Channel Outdoor (CCO) stock?

A

The latest price target for Clear Channel Outdoor (NYSE:CCO) was reported by Barrington Research on May 28, 2024. The analyst firm set a price target for $2.50 expecting CCO to rise to within 12 months (a possible 51.52% upside). 9 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Clear Channel Outdoor (CCO)?

A

The latest analyst rating for Clear Channel Outdoor (NYSE:CCO) was provided by Barrington Research, and Clear Channel Outdoor maintained their outperform rating.

Q

When was the last upgrade for Clear Channel Outdoor (CCO)?

A

The last upgrade for Clear Channel Outdoor Holdings Inc happened on December 20, 2023 when Wells Fargo raised their price target to $2.75. Wells Fargo previously had an equal-weight for Clear Channel Outdoor Holdings Inc.

Q

When was the last downgrade for Clear Channel Outdoor (CCO)?

A

The last downgrade for Clear Channel Outdoor Holdings Inc happened on July 8, 2022 when Wells Fargo changed their price target from $4 to $1.5 for Clear Channel Outdoor Holdings Inc.

Q

When is the next analyst rating going to be posted or updated for Clear Channel Outdoor (CCO)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Clear Channel Outdoor, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Clear Channel Outdoor was filed on May 28, 2024 so you should expect the next rating to be made available sometime around May 28, 2025.

Q

Is the Analyst Rating Clear Channel Outdoor (CCO) correct?

A

While ratings are subjective and will change, the latest Clear Channel Outdoor (CCO) rating was a maintained with a price target of $2.50 to $2.50. The current price Clear Channel Outdoor (CCO) is trading at is $1.65, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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