Clear Channel Outdoor Holdings Inc. (NYSE:CCO) was up 3% during trading on Wednesday . The stock traded as high as $6.91 and last traded at $6.80, with a volume of 65,397 shares changing hands. The stock had previously closed at $6.60.

Several equities research analysts have recently commented on CCO shares. Evercore ISI reduced their price target on shares of Clear Channel Outdoor Holdings from $5.00 to $4.00 in a report on Wednesday, April 6th. Zacks Investment Research lowered shares of Clear Channel Outdoor Holdings from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 27th. Wedbush boosted their price objective on shares of Clear Channel Outdoor Holdings from $4.00 to $6.00 and gave the stock a “neutral” rating in a research note on Thursday, May 5th. Finally, TheStreet upgraded shares of Clear Channel Outdoor Holdings from a “sell” rating to a “hold” rating in a research note on Thursday, June 9th. Two analysts have rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Clear Channel Outdoor Holdings has a consensus rating of “Hold” and a consensus target price of $4.88.

The company has a market cap of $2.45 billion and a price-to-earnings ratio of 32.23. The stock’s 50-day moving average price is $6.39 and its 200 day moving average price is $5.16.

A number of hedge funds and institutional investors recently made changes to their positions in the company. BBT Capital Management LLC raised its position in shares of Clear Channel Outdoor Holdings by 3.0% in the fourth quarter. BBT Capital Management LLC now owns 807,867 shares of the company’s stock valued at $4,516,000 after buying an additional 23,500 shares during the period. Gabelli Funds LLC raised its position in shares of Clear Channel Outdoor Holdings by 3.0% in the fourth quarter. Gabelli Funds LLC now owns 2,747,144 shares of the company’s stock valued at $15,357,000 after buying an additional 80,000 shares during the period. Finally, Gamco Investors INC. ET AL raised its position in shares of Clear Channel Outdoor Holdings by 2.1% in the fourth quarter. Gamco Investors INC. ET AL now owns 1,819,314 shares of the company’s stock valued at $10,170,000 after buying an additional 36,600 shares during the period.

Clear Channel Outdoor Holdings, Inc is an outdoor advertising company. The Company owns and operates billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes and spectaculars. It operates in two segments: Americas outdoor advertising (Americas) and International outdoor advertising (International).

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