Analyst Rating Update on OUTFRONT Media (OUT)

OUTFRONT Media (NYSE:OUT) : Zacks Investment Research ranks OUTFRONT Media (NYSE:OUT) as 2, which is a Buy recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 2.5, which indicates as a Buy.

OUTFRONT Media (NYSE:OUT) : Average target price received by OUTFRONT Media (NYSE:OUT) is $25.5 with an expected standard deviation of $2.08. The most aggressive target on the stock is $28, whereas the most downbeat target is $23. 4 financial analysts are currently covering the stock.

For the current week, the company shares have a recommendation consensus of Buy.

OUTFRONT Media (NYSE:OUT): stock turned positive on Tuesday. Though the stock opened at $22.88, the bulls momentum made the stock top out at $23.35 level for the day. The stock recorded a low of $22.76 and closed the trading day at $23.34, in the green by 2.77%. The total traded volume for the day was 1,659,939. The stock had closed at $22.71 in the previous days trading.

In an insider trading activity,The director of Outfront Media Inc., Mathes Peter sold 1,000 shares at $21.92 on May 26, 2016. The Insider selling transaction had a total value worth of $21,920. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

OUTFRONT Media Inc., formerly CBS Outdoor Americas Inc., is a provider of advertising space on out-of-home advertising structures and sites. The Company operates in over 180 markets in the United States, Canada and Latin America. In addition to leasing displays, the Company also provides other services to its customers, such as pre-campaign category research, creative design support and post-campaign tracking and analytics. It manages its business through two segments, United States and International. The United States segment includes the Companys business in 25 markets in the United States. The Companys portfolio includes sites, such as the Bay Bridge in San Francisco, various locations along Sunset Boulevard in Los Angeles, and various sites in and around both Grand Central Station and Times Square in New York. The Companys International segment includes its operations in Canada and Latin America, including Mexico, Argentina, Brazil, Chile and Uruguay.

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