CommScope Holding Company (COMM) : 9 analysts are covering CommScope Holding Company (COMM) and their average rating on the stock is 1.33, which is read as a Strong Buy. 7 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. CommScope Holding Company (COMM) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
CommScope Holding Company (COMM) : The consensus price target for CommScope Holding Company (COMM) is $35.5 for the short term with a standard deviation of $3.96. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $40, however, the pessimist price target for the company is $27.
Shares of CommScope Holding Company, Inc. appreciated by 0.69% during the last five trading days but lost 7.42% on a 4-week basis. CommScope Holding Company, Inc. has dropped 4.48% during the last 3-month period . Year-to-Date the stock performance stands at 12.75%. CommScope Holding Company (NASDAQ:COMM): stock turned positive on Tuesday. Though the stock opened at $28.74, the bulls momentum made the stock top out at $29.39 level for the day. The stock recorded a low of $28.74 and closed the trading day at $29.19, in the green by 1.53%. The total traded volume for the day was 1,091,235. The stock had closed at $28.75 in the previous days trading.
CommScope Holding Company, Inc. is provider of connectivity and infrastructure solutions for wireless, business enterprise and residential broadband networks. The Company provides radio frequency (RF) solutions, connectivity and cabling platforms, data center and building infrastructure, and broadband access solutions. The Company operates through three segments: Wireless, Enterprise and Broadband. The Companys solutions, marketed primarily under the Andrew brand, enable wireless operators to deploy both macro cell sites and small cell distributed antenna systems (DAS) solutions to meet coverage and capacity requirements. The Companys enterprise connectivity solutions for data centers and commercial buildings comprises voice, video, data and converged solutions that support mission-critical applications. The Company provides cable and communications products that support the multichannel video, voice and data services provided by multi-system operators (MSOs).