Crown Castle International Corporation (CCI) Receives ‘Analyst’ Rating

Crown Castle International Corporation (CCI) has an average broker rating of 1.69, which is interpreted as a Buy, as rated by 13 equity analysts. Nonetheless, 7 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Crown Castle International Corporation (CCI) : Average target price received by Crown Castle International Corporation (CCI) is $105.82 with an expected standard deviation of $3.28. The most aggressive target on the stock is $110, whereas the most downbeat target is $100. 11 financial analysts are currently covering the stock.


Also, Equity Analysts at the Oppenheimer upgrades the rating on Crown Castle International Corporation (NYSE:CCI). The brokerage firm has issued a Outperform rating on the shares. The shares were previously rated Perform. The rating by the firm was issued on September 6, 2016.

Crown Castle International Corporation (NYSE:CCI): After opening at $91.38, the stock dipped to an intraday low of $91.05 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $92.1 and the buying power remained strong till the end. The stock closed at $91.46 for the day, a gain of 0.08% for the day session. The total traded volume was 2,762,475. The stocks close on the previous trading day was $91.39.

Crown Castle International Corp. (CCIC) is a real estate investment trust (REIT) company. The Company owns, operates and leases shared wireless infrastructure, including towers and other structures, such as rooftops (towers), and to a lesser extent, distributed antenna systems (DAS), a type of small cell network (small cells), and interests in land under third party towers in various forms (third party land interests). Its core business is renting space or physical capacity (collectively, space) on its towers, DAS and, to a lesser extent, third party land interests (collectively, site rental business) through long-term contracts in various forms, including license, sublease and lease agreements (collectively, contracts). The Company conducts its operations principally through subsidiaries of (CCOC), including certain subsidiaries, which operate its wireless infrastructure portfolios in the United States, including Puerto Rico (CCUSA).

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