CommScope Holding Co Inc has a consensus price target of $6.06 based on the ratings of 12 analysts. The high is $17 issued by Credit Suisse on October 4, 2022. The low is $1 issued by B of A Securities on March 13, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, Northland Capital Markets, and Deutsche Bank on November 4, 2024, August 12, 2024, and July 30, 2024, respectively. With an average price target of $3 between Morgan Stanley, Northland Capital Markets, and Deutsche Bank, there's an implied -29.33% downside for CommScope Holding Co Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for CommScope Hldg Co (NASDAQ:COMM) was reported by Morgan Stanley on November 4, 2024. The analyst firm set a price target for $5.00 expecting COMM to rise to within 12 months (a possible 17.79% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for CommScope Hldg Co (NASDAQ:COMM) was provided by Morgan Stanley, and CommScope Hldg Co maintained their equal-weight rating.
The last upgrade for CommScope Holding Co Inc happened on November 16, 2023 when Raymond James raised their price target to N/A. Raymond James previously had an underperform for CommScope Holding Co Inc.
The last downgrade for CommScope Holding Co Inc happened on March 4, 2024 when JP Morgan changed their price target from N/A to N/A for CommScope Holding Co Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of CommScope Hldg Co, 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 CommScope Hldg Co was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.
While ratings are subjective and will change, the latest CommScope Hldg Co (COMM) rating was a maintained with a price target of $2.70 to $5.00. The current price CommScope Hldg Co (COMM) is trading at is $4.25, which is within the analyst’s predicted range.
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