Crown Castle International Corporation (NYSE:CCI) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 13 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 3 stock experts have also suggested a buy rating. 5 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Cowen & Company maintains their rating on the shares of Crown Castle International Corporation (NYSE:CCI). The current rating of the shares is Outperform. Equity Analysts at the Firm raises the price target to $100 per share from $94 per share. The rating by the firm was issued on April 25, 2016.
Crown Castle International Corporation (NYSE:CCI) should head towards $95.55 per share according to 11 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $89 per share. The higher price estimate target is at $102 according to the Analysts.
Crown Castle International Corporation (NYSE:CCI) rose 1.02% or 0.96 points on Tuesday and made its way into the gainers of the day. After trading began at $94.6 the stock was seen hitting $95.52 as a peak level and $94.6 as the lowest level. The stock ended up at $95.37. The daily volume was measured at 1,682,270 shares. The 52-week high of the share price is $95.52 and the 52-week low is $75.714. The company has a market cap of $32,193 million.
Shares of Crown Castle International Corp. rose by 2.8% in the last five trading days and 7.07% for the last 4 weeks. Crown Castle International Corp. is up 11.95% in the last 3-month period. Year-to-Date the stock performance stands at 12.54%.
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).