Clear Channel Outdoor Holdings (CCO) was Initiated by Loop Capital to “Sell” and the brokerage firm has set the Price Target at $5.50. Loop Capital advised their investors in a research report released on Sep 13, 2016.
Clear Channel Outdoor Holdings opened for trading at $6.63 and hit $6.85 on the upside on Monday, eventually ending the session at $6.75, with a gain of 1.05% or 0.07 points. The heightened volatility saw the trading volume jump to 211,774 shares. Company has a market cap of $2,445 M.
In a different news, on Mar 8, 2016, Scott Wells (officer ) purchased 5,000 shares at $4.13 per share price. According to the SEC, on May 20, 2015, Christopher William Eccleshare (officer ) sold 33,000 shares at $0.00 per share price.
Clear Channel Outdoor Holdings Inc. is an outdoor advertising company. The Company provides clients with advertising opportunities through billboards street furniture displays transit displays and other out-of-home advertising displays such as wallscapes and spectaculars which the Company owns or operates. The Company operates in two segments: Americas outdoor advertising (Americas) which includes operations in the United States and Canada and International outdoor advertising (International) which includes operations in Asia Australia Europe and Latin America. In Americas segment the Company owns or operates approximately 103000 display structures with operations in 45 markets in the United States. In the International segment the Company operates more than 540000 displays across 26 countries.